This issue is filled with great insights and expert commentary on areas that are relevant to the legal landscape and highlight how the business community is embracing technology, media and telecommunications. There are various topics covered, from new ways of working and digital transformation in the finance sector to data protection regulatory updates and guidance. We also have a series of articles that focus on e-commerce across a number of jurisdictions.
You will also find insights from our lawyers around real estate analytics, tech trends, and data centres.
We hope this edition of Law Update provides some useful food for thought – enjoy the read!Take a read of the edition
The new Abu Dhabi Global Market (“ADGM”) Data Protection Regulations 2021 (“New Regulations”) have now been issued, and replace the Data Protection Regulations 2015.
The New Regulations are binding after a 12-month transition period for existing establishments in the ADGM, and a 6-month transition period for new establishments that are registered after the date the new regulations were published i.e. 14 February 2021.
The New Regulations align the ADGM’s legal requirements for the processing of personal data with the EU’s General Data Protection Regulation (GDPR). The New Regulations follow the DIFC’s adoption of the new DIFC Data Protection Law No.5 of 2020 (“DIFC Law”) in July 2020, which is also based on the GDPR.
Below are some key features of the New Regulations that will likely affect the Processing of Personal Data that is already being carried out in the ADGM.
It is not a comprehensive list. Matters such as data subject rights and transfers of personal data outside of the of the ADGM are not discussed in further detail in our full update but do need detailed consideration by Data Controllers and Data Processors responsible for those conducting business in the ADGM.
(Please note that unless otherwise defined above, capitalised terms used below have definitions under the New Regulations available here).
Al Tamimi’s data protection specialists will be running a webinar on 8 March 2021 at 14:00 (GMT) where they will provide a detailed review of the New Law and its implications for ADGM businesses in detail. If you would like to join, please register here.
In the meantime, if you have any questions about the New Regulations, please do not hesitate to contact us.