At the moment, Irish data protection obligations are primarily governed by the Data Protection Act 1988 as amended by the 2003 Act. However, there is a new law coming into force that will impact your Credit Union.

The advent of the General Data Protection Regulation (GDPR) represents a major overhaul of the EU data protection laws and will apply from May 2018. The new regime will necessitate changes to your business processes and much higher financial penalties will be applicable where breaches of the rules occur.

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