EU Says Data-Protection Reform to Be Published by End of January
European Union plans to overhaul the region’s 16-year-old data-protection rules will be published by the end of the month, an EU spokesman said.
The bill will include stricter sanctions and equip national data-protection authorities with powers to levy fines of as much as 1 million euros ($1.3 million), or 5 percent of a company’s annual sales, according to an early draft of the rules obtained by Bloomberg News last year.
To contact the reporter on this story: Aoife White in Brussels at email@example.com.
To contact the editor responsible for this story: Anthony Aarons at firstname.lastname@example.org.