The new GDPR is a comprehensive data privacy regulation that seeks to integrate privacy laws across Europe. Its goals are to more consistently protect the privacy rights of EU citizens and to help promote and facilitate global commerce.
The regulation affords supervisory authorities with expanded powers, including issuing warnings of non-compliance, carrying out audits, requiring remediation, and suspending data transfers to other countries. It also increases their investigative and corrective powers.
More significant is that the regulation empowers supervisory authorities to issue substantial penalties for non-compliance. Depending on the violation, organizations could face up to the higher of £20 million or 4% of an organization’s global annual turnover.
Vice President of Global Advisory Services
As Lighthouse’s Vice President of Global Advisory Services, Jamie focuses on information law, compliance, and governance issues around the world. She is our resident expert on the European Union GDPR. She has two decades of in-house, government, and law firm experience. She currently focuses on international regulations, risk mitigation, and corporations in heavily regulated industries.
Jamie has worked for several leading financial institutions, including UBS in New York. There, as Executive Director in Legal and Compliance, she designed and managed a centralized, globally focused, litigation and investigations response program. Jamie also worked for Barclays, leading and implementing a global program to reduce legal, regulatory and privacy risk associated with legacy systems and data.