EU Becoming "De Facto" World Regulator?
PRIVACY LAW—EUDecember 16, 2011
European Voice reports on European Commission Vice-President Viviane Reding's recent comments on the forthcoming revised data protection framework for the EU. Reding said that the changes are necessary in order to create growth. The new rules are scheduled to be "adopted by the college of European commissioners on 25 January," the report states. After that, negotiations with parliamentarians and members states will begin. The new rules are expected to apply to companies located outside the EU that have customers in member states. One EU official said, "With these proposals, the EU is becoming the de facto world regulator on data protection." (Registration may be required to access this story.)