Executive Dinner . General  Data Protection Regulation (GDPR) 

An Executive Dinner by GEN - The Global Executive Network is an excellent opportunity to exchange ideas with experts and peers and discuss the latest and most important trends for a specific industry-related or management-focused topic.

This Executive Dinner is created to discuss "GDPR – A new data protection landscape: How to cope with Data Protection Authorities" in a high-level peer-to-peer environment. This exclusive event is limited to a number of 18–22 executive guests and participation is free of charge (few exceptions see below).

After several years of discussion, the new EU data protection framework is now adopted in the form of a Regulation – the General Data Protection Regulation (GDPR). The GDPR will replace the current Directive and will be directly applicable in all Member States without the need for implementing national legislation. It will apply on 25 May 2018.

The proposed new EU data protection regime extends the scope of the EU data protection law to all foreign companies processing data of EU residents. It provides for a harmonization of the data protection regulations throughout the EU, thereby making it easier for non-European companies to comply with these regulations; however, this comes at the cost of a strict data protection compliance regime with severe penalties of up 4% of Annual Global Revenue or 20 Million Euros – whichever is higher. Just to put this in context for the Global 2000 (which have revenues between $1.6 Billion and $171.1 Billion according to Forbes), this means fines could potentially amount to between $64 Million and $6.84 Billion.

With this magnitude of enforcement potential, not to mention the reputational damage that comes from serious breaches of personal information, it is important to be ahead of this regulation.

The regulation applies if the data controller (organization that collects data from EU residents) or data processor (organization that processes data on behalf of data controller e.g. cloud service providers) or the data subject (person) is based in the EU. Furthermore the Regulation also applies to organizations based outside the European Union if they collect or process personal data of EU residents. According to the European Commission "personal data is any information relating to an individual, whether it relates to his or her private, professional or public life. It can be anything from a name, a home address, a photo, an email address, bank details, posts on social networking websites, medical information, or a computer’s IP address".

Citizens now have the right to question and fight decisions that affect them that have been made on a purely algorithmic basis.

Topics to be discussed at this Dinner:

• Key change in the GDPR is that data processors have direct obligations for the first time.
• Implementation of the EU GDPR will require comprehensive changes to business practices for companies that had not implemented a comparable level of privacy before the regulation entered into force (especially non-European companies handling EU personal data).
• Lack of privacy experts and knowledge as of today and new requirements might worsen the situation. Therefore education in data protection and privacy will be a critical factor for the success of the GDPR.
• European Commission and DPAs have to provide sufficient resources and power to enforce the implementation and a unique level of data protection has to be agreed upon by all European DPAs since a different interpretation of the regulation might still lead to different levels of privacy.
• Europe's international trade policy is not yet in line with the GDPR.

Guests in focus:

Impressions of previous "GDPR – A new data protection landscape" Executive Dinners:

GUESTS
In November 2016, 21 guests from companies such as Erste Group, Swatch Group, Deutsche Bahn, Bayer, Nestle, Sanofi, BASF, Boehringer Ingelheim, Uniqa Insurance, Roche, OMV Group, ABB, Fresenius Medical Care, Deutsche Post DHL, Axpo, Deutsche Boerse Group, DORMA, Strabag, BMW, Deutsche Bank, Andritz, KraussMaffei Technologies, Raiffeisen Gruppe, Infineon Technologies, HILTI, Airbus Defence & Space, Hella, Lonza, Allianz, Sulzer, Magna, Lufthansa, BSH Hausgerate, ProSiebenSat.1 Media SE, Burda Magazine Holding, ADAC, KraussMaffei Technologies, Infineon Technologies, TUEV SUED, Audi and Panasonic exchanged experiences and best practices, expanded their personal networks and engaged in executive talk.

DINNER SPEAKERS
At an Executive Dinner, you will listen to 2 to 5 brief Dinner Speeches by distinguished experts presenting concrete business cases. The focus of the evening is to encourage quality networking among the guests, facilitated by detailed guest introductions and GEN's unrivaled Connecting Services.

STATEMENT OF EXECUTIVE ATTENDEES
What executive attendees do say about GEN's Executive Dinners:

"This is to express my at most appreciation to GEN for inviting me to the “Drivers of Innovation and Growth” Executive Dinner held yesterday at Burj Al Arab. The event was very well planned & organized, fantastically executed and professionally directed. It was a real delight to be amongst such a wonderful and high caliber group of executives from various industries discussing, sharing and presenting various experiences from their own organizations. Once again, thank you very much for your kind assistance and support and once the event’s photos are published, please drop me a note."
EVP FINANCE (D) & VP INFORMATION TECHNOLOGY
Saudi Arabian Airlines
www.saudiairlines.com
Riyadh, Kingdom of Saudi Arabia              -> more Statements

COMPLMENTARY PARTICIPATION
This exclusive event is limited to a number of 18–22 executive guests per city and date and participation is free of charge, exceptions see below.

 Registration

Reservations are accepted only by e-Mail. Please contact: Inês Henriques e-Mail: info@the-global-executive-network.com theglobalexecutivenetwork.com Global Toll Free: +1-800-941-3216 Please note that your reservation is valid only after e-mail confirmations have been sent to you!

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