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EU General Data Protection Regulation – Preparatory Tasks

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16 November 2016, 09:00 - 10:30: CMS Budapest are hosting a business breakfast on EU General Data Protection Regulation – Preparatory Tasks

The EU’s General Data Protection Regulation (GDPR) was adopted this April. Hungarian laws are expected to undergo major changes in the wake of the new regulation. Many firms have already begun to prepare for the regulations to be applied from May 25, 2018, however, there are still many pending issues. As two years imply a relatively short period for companies, it is important to be continuously aware of the specific tasks. Several useful legal brochures are available of the 88-pages-long law, however, we would like to go beyond these in the framework of our business breakfast.

Topics

During the breakfast we shall present, through the “GDPR Implementation Tool” worked out by our Brussels office and our own document comparing the GDPR with the Hungarian Data Protection Act (“Infotv.”):

What rules shall replace certain rules of the Infotv. 

What areas still need to be clarified.

What data protection issues will continue to be regulated by domestic laws.

What additional specific tasks we shall face with the GDPR and how these will affect the daily processes and the organisational structures.

What the new priorities, administration and reporting processes will be.

In order to comply with the new obligations many other areas will have to actively join the data protection process – HR, marketing, sales – alongside the legal department. During the breakfast we shall be pleased to hear your thoughts, experiences and questions in relation to the preparations needed for compliance.

The presentation will be held in Hungarian. Please note there is no charge for attending this event, however places are limited and registration is on a first come first served basis.

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Hungary Knowledge Partner

Nagy és Trócsányi was founded in 1991, turned into limited professional partnership (in Hungarian: ügyvédi iroda) in 1992, with the aim of offering sophisticated legal services. The firm continues to seek excellence in a comprehensive and modern practice, which spans international commercial and business law. 

The firm’s lawyers provide clients with advice and representation in an active, thoughtful and ethical manner, with a real understanding of clients‘ business needs and the markets in which they operate.

The firm is one of the largest home-grown independent law firms in Hungary. Currently Nagy és Trócsányi has 26 lawyers out of which there are 8 active partners. All partners are equity partners.

Nagy és Trócsányi is a legal entity and registered with the Budapest Bar Association. All lawyers of the Budapest office are either members of, or registered as clerks with, the Budapest Bar Association. Several of the firm’s lawyers are admitted attorneys or registered as legal consultants in New York.

The firm advises a broad range of clients, including numerous multinational corporations. 

Our activity focuses on the following practice areas: M&A, company law, litigation and dispute resolution, real estate law, banking and finance, project financing, insolvency and restructuring, venture capital investment, taxation, competition, utilities, energy, media and telecommunication.

Nagy és Trócsányi is the exclusive member firm in Hungary for Lex Mundi – the world’s leading network of independent law firms with in-depth experience in 100+countries worldwide.

The firm advises a broad range of clients, including numerous multinational corporations. Among our key clients are: OTP Bank, Sberbank, Erste Bank, Scania, KS ORKA, Mannvit, DAF Trucks, Booking.com, Museum of Fine Arts of Budapest, Hungarian Post Pte Ltd, Hiventures, Strabag, CPI Hungary, Givaudan, Marks & Spencer, CBA.

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