Corporate Data Governance and GDPR Compliance for U.S. Companies

Cross-Border Cooperation; Minimizing Risk of Investigations and Fines

Recording of a 90-minute CLE webinar with Q&A


Conducted on Wednesday, April 11, 2018

Recorded event now available

or call 1-800-926-7926
Program Materials

This CLE webinar will analyze challenges facing U.S. based multinational companies relating to new data privacy and security initiatives. The panel will discuss best practices for complying with the European Union (EU) General Data Protection Regulation (GDPR); cross-border cooperation and regulatory investigations; assessing potential liability and steering clear of possible fines; and other emerging risks and governance challenges relating to data privacy and security.

Description

The new GDPR, due to take effect on May 25, 2018, creates broad-sweeping changes to data privacy for U.S. companies that maintain personal data of European citizens. Non-compliant businesses will face hefty fines of up to 4% of their global annual revenues in penalties.

The cost of a data breach and mishandling could run into millions of dollars for U.S.-based companies facing legal actions following investigations by EU regulators of potential GDPR violations and misconduct. Senior managers of fast-growing companies often overlook proper operating procedures, subjecting the organization to a wide range of avoidable compliance related issues.

Counsel and compliance advisers must be knowledgeable of GDPR and how it applies to U.S. based companies, its impact on corporate governance and operations, and the necessary steps to ensure compliance.

Listen as our panel examines the new GDPR and EU regulations for data protection, provides guidance on implementing procedures to avoid a breach of fiduciary duties and misconduct, and reevaluates third-party service levels and agreements for data privacy compliance. The panel will offer best practices for complying with the data protection regulations and handling or avoiding cross-border investigations.

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Outline

  1. EU regulatory trends impacting corporate governance of U.S. based multinational enterprises
  2. Key features of GDPR and effective compliance
  3. Handling cross-border investigations and areas of concern
  4. Best practices for corporate governance of data privacy and security

Benefits

The panel will review these and other key issues:

  • Identifying risks for U.S. based multinational companies and EU regulations
  • Understanding the requirements and application of the GDPR
  • Determining effective methods of GDPR compliance and avoiding penalties against global revenues
  • Conducting internal data audits and implementing processes in accord with new regulations
  • Selecting and appointing supervisory authority in EU member states
  • Reevaluating the service levels of third-party providers and assessing their data privacy compliance
  • Handling cross-border investigations and areas of concern, such as attorney-client privilege, production of information subject to privacy, local government preferences toward misconduct, and more

Faculty

Nahra, Kirk
Kirk J. Nahra

Partner
Wiley Rein

Mr. Nahra specializes in privacy and information security litigation and counseling, along with a variety of health...  |  Read More

LaFrance, Ann
Ann J. LaFrance

Partner
Squire Patton Boggs

Ms. LaFrance coordinates the firm's EMEA Communications Law Practice and co-chairs the firm's global Data...  |  Read More

Hoff, Christopher
Christopher M. Hoff

Atty
Squire Patton Boggs

Mr. Hoff is a member of the firm's Data Privacy & Cybersecurity Practice, where he focuses on international...  |  Read More

Other Formats
— Anytime, Anywhere

Strafford will process CLE credit for one person on each recording. All formats include program handouts. To find out which recorded format will provide the best CLE option, select your state:

CLE On-Demand Video

48 hours after event

$297

Download

48 hours after event

$297