The EU General Data Protection Regulation (GDPR) applies directly in all EU Member States beginning 25 May 2018 and may directly impact the Data Room you use.
GDPR Article 28 (paragraph 1):
“Where processing is to be carried out on behalf of a data controller, the data controller shalluse only processors (subcontractors) providing sufficient guarantees that appropriatetechnical and organisational measures will be implemented to ensure that processing will meet the requirements of this Regulation and ensure the protection of the rights of the data subject."
To help you ensure compliance and minimise risks, we have developed a GDPR checklist to use when selecting your next Data Room.
Complete the short form now to download the checklist.
Visit our GDPR resource page for more Merrill Insight™.