Brought to you by: Monaco Life
At the initiative of the Prince’s Government, a day of information sharing on new EU regulations on the protection of personal data was held on Monday, May 7.
Meetings were organised for representatives of the main economic players in Monaco’s private sector, and representatives of the public sector, para-public and institutional entities, chaired respectively by Gilles Tonelli, Minister of Foreign Affairs and Cooperation, and by Serge Telle, Minister of State.
Presentations of the General Regulation on Data Protection (RGPD) and its impacts for Monaco were provided by Alain Bensoussan, a lawyer specialising in the law of new technologies.
The RGPD is the new European framework for the processing and circulation of personal data. This text, which will be applicable from May 25, 2018, standardises the laws of EU Member States with regard to personal data. Its aim is to give all EU residents more control over their personal data, to increase the accountability of processors and subcontractors while reducing their prior formalities with regulators and to strengthen the role of regulators and data protection authorities.
Although outside the EU, the Principality is concerned by the provisions of the new European Regulations, since the GDPR is applicable to companies outside the EU that process personal data of natural persons residing in the EU.
Monaco has had data protection rules in its legal system since 1993. Now, in this new context, “the modernisation and adaptation of Monegasque legislation to the new European rules is one of the priorities of the government and work is already being done in this direction,” Minister Tonelli said.
The Minister of State for his part stressed that there is “an opportunity that the Government wishes to seize, through several important projects: the development of the smart city, the strengthening of our digital ecosystem and the implementation of a real strategy on these subjects, including the appointment, a few weeks ago, of an Interministerial Delegate for Digital Transition.”
For more information: https://www.ccin.mc/fr/impact-du-rgpd-a-monaco-faq
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