GDPR Draft Guidance on Fines Calculation
from Life with GDPR Hosted by Tom Fox
Jonathan Armstrong and Tom Fox return for another episode of Life with GDPR. In this episode, we review the recently released European Data Protection Board (EDPB) draft guidance on calculating fines entitled “Guidelines 04/2022 on the calculation of administrative fines under the GDPR”. Some of the highlights include: 1. There have been just under 1.5 billion in overall fines under GDPR. 2. Spain has the largest number of fines but the smallest monetary amount of fines. 3. The five-step calculation methodology. 4. What are the aggravating and mitigating factors. 5. Key takeaways from the draft guidance. Resources For more information on the draft guidance, check out the Cordery Compliance, client alert on this topic, click here. For more information on Cordery Compliance, go their website here. Also check out the GDPR Navigator, one of the top resources for GDPR Compliance by clicking here.
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