DIFC enacts new data protection law to ensure best sharing practices – The National

  • Date: 02-Jun-2020
  • Source: The National
  • Sector:Economy
  • Country:UAE
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DIFC enacts new data protection law to ensure best sharing practices – The National

DIFC enacts new data protection law to ensure best sharing practices. Revised provisions will come into effect on July 1 and businesses will have a grace period of three months to comply. Dubai issued a new data protection law, which combined best practices of data protection regulations across the world, for companies operating within the Dubai International Financial Centre.. The DIFC Data Protection Law - No 5 of 2020 - will come into effect on July 1, the Dubai government's media office said in a press statement Monday.. The current law, Data Protection Law - No 1 of 2007, will be valid till then.. The new law holds controllers and processors of data accountable through compliance programmes and allows for the appointment of data protection officers where necessary.. The data law will also increase maximum fine limits.. In the wake of the ongoing Covid-19 pandemic, businesses will have a grace period of three months, until October 1, before it becomes enforceable in order to allow organisations to prepare to comply with the new law.. "The Data Protection Law combines the best practices from a variety of world class data protection laws, such as the General Data Protection Regulation, the California