29
Fri, Mar
41 New Articles

Attila Peterfalvi on the GDPR

Attila Peterfalvi on the GDPR

Hungary
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Attila Peterfalvi, the president of the Hungarian Data Protection Authority, on 19 April 2018 made some relevant comments regarding the GDPR during an interview with a Hungarian online newspaper “Jogifórum”. He highlighted that one of the main novelties of the GDPR is the principle of accountability. The data controllers must be able to demonstrate their GDPR compliance in a documented way. This does not mean, however, that the burden of proof is on them in case of a NAIH procedure.

The president noted that following the formation of the newly elected Hungarian Government in May 2018, the Hungarian Parliament has less than a month to implement the necessary national legislation until 25 May 2018, i.e. the start of the GDPR. Mr. Peterfalvi sees the biggest risk factor in the SME sector. According to his experience, multinational companies are in a much more advanced level with their GDPR preparation procedure and they have the necessary resources for the compliance. He also mentioned that the personal data breach notification management system goes live on 25 May 2018 and the data protection officers (DPOs) must have relevant knowledge on IT security matters besides legal knowledge.

By Tamas Virag, Attorney at law KCG Partners Law Firm

KCG Partners at a Glance

KCG Partners is a Hungarian business law firm providing a comprehensive range of legal services to international and local clients seeking local knowledge and global perspective. The firm comprises business-minded lawyers with sector-specific expertise, creating value for clients by applying a problem-solving approach and delivering innovative solutions.

The firm has a wealth of knowledge in corporate law, M&A, projects and construction, energy, real estate, tax, employment, litigation, privacy and forensics, securitization, estate planning and capital markets.

To address clients’ regional and international concerns, the firm maintains active working relationships with other outstanding independent law firms in Central and Eastern Europe, whilst senior counsel Mr. Blaise Pásztory brings over 40 years’ of US capital market and fund management experience.

KCG Partners Law Firm is the result of the teamwork of passionate and talented lawyers guided by the same principles and sharing the same values: 

  • Our most valuable asset is our people. They are the engine of our business and the key to our success.
  • We push boundaries by looking for innovative solutions that can empower our clients to achieve greater results.
  • We place our experience, commitment and professionalism to your service.
  • We are driven by our vision to shape and lead the Hungarian legal market and become a first choice law firm in our practice areas.

Firm's website: http://www.kcgpartners.com