Two Years On, GDPR Continues to Shape Global Privacy Regulation

When the EU’s General Data Protection Regulation (GDPR) took effect in May 2018, it marked a major turning point in data privacy regulation. Two years on, the GDPR has undergone its first major review.

The GDPR’s two-year report card is mixed. The two-year evaluation report by the European Commission heralds the GDPR’s success in strengthening individuals’ rights to personal data protection.  It also finds that the GDPR is proving flexible to support digital solutions in unforeseen circumstances, such as the development of tracing apps during the COVID-19 crisis.

The report does not call for a revision of the rules, but does say it is premature at this stage to draw definite conclusions and acknowledges a number of areas where the GDPR could be improved, including:

  • Harmonisation between data protection authorities
  • Development of a common European data protection culture
  • Cross-border case efficiency and harmonisation
  • Ensuring consistency between guidance provided at the national level and the European Data Protection Board

The report finds overall that citizens are more empowered and aware of their rights under the GDPR, but more can be done to help individuals exercise their rights, notably the right to data portability.

In this article, we look at the two-year track record of GDPR, and look at other global privacy regulations in the US, Canada, Brazil, Australia, New Zealand, China, Vietnam, Singapore, Thailand, South Korea, and India.

We also offer guidance for organisations to stay informed and on top of evolving privacy regulations and seeking insurance policy coverage for privacy and data risk exposures. 

Placeholder for Right rail bio component

language: en_us

lastname: Butler

tag: [Ljavax.jcr.Value;@6ae20367

email: kelly.butler@marsh.com

image: /content/dam/marsh/Imagery/Headshots/People-Portrait/17-4347---Kelly-Butler-165-x-220px-PORTRAIT.jpg

title: Cyber Leader, Pacific - Marsh

firstname: Kelly

squareimage: /content/dam/marsh/Imagery/Headshots/People-Square/17-4347---Kelly-Butler-165-x-165px-SQUARE.jpg

textIsRich: true

shorttitle: Cyber Leader, Pacific - Marsh

landscapeimage: /content/dam/marsh/Imagery/Headshots/People-Landscape/17-4347---Kelly-Butler-360-x150px-LANDSCAPE.jpg

Marsh Pty Ltd (ABN 86 004 651 512, AFSL 238983) (“Marsh”) arrange this insurance and is not the insurer. The Discretionary Trust Arrangement is issued by the Trustee, JLT Group Services Pty Ltd (ABN 26 004 485 214, AFSL 417964) (“JGS”). JGS is part of the Marsh group of companies. Any advice in relation to the Discretionary Trust Arrangement is provided by JLT Risk Solutions Pty Ltd (ABN 69 009 098 864, AFSL 226827) which is a related entity of Marsh. The cover provided by the Discretionary Trust Arrangement is subject to the Trustee’s discretion and/or the relevant policy terms, conditions and exclusions. This website contains general information, does not take into account your individual objectives, financial situation or needs and may not suit your personal circumstances. For full details of the terms, conditions and limitations of the covers and before making any decision about whether to acquire a product, refer to the specific policy wordings and/or Product Disclosure Statements available from JLT Risk Solutions on request. Full information can be found in the JLT Risk Solutions Financial Services Guide.”