Events 18 April 2016

NautaDutilh Breakfast seminar

General Information

Event date :

18 April 2016

Event location :

Sofitel Luxembourg Europe Hotel - 4, Rue du Fort Niedergrunewald Quartier Européen Nord Plateau de Kirchberg-Luxembourg

Time :

08:30 - 10:30

Organizer :


EU General Data Protection Regulation and its impact on the financial sector

NautaDutilh would like to invite you to a breakfast seminar on Monday 18 April during which Vincent Wellens (Partner Technology & IP Law) and his team will update you on the newly adopted EU General Data Protection Regulation (GDPR), highlight the most important changes triggered by the GDPR and discuss its impact on the
Luxembourg financial sector.

General overview of the GDPR highlighting the changes in comparison to the current legislation:

  • privacy impact assessment ?
  • obligation to keep a register of data processing ?
  • new obligations for data processors ? and
  • introduction of administrative fines.

Fields of conflict with financial regulation and how to adopt the right approach to deal with such conflicts:

  • whistleblowing schemes ? and
  • farreaching obligations to collect data under financial regulations (e.g., AML, MIFID).

Potential synergies with financial sector specific obligations:

  • how to assure compliance of outsourcing projects with data protection and financial regulation ?
  • appointment of one single person as data protection officer and IT (security) officer ? and
  • how to comply with rules on location of data storage under data protection (invalidation of the US Safe Harbor regime, new Privacy Shield) and under financial regulation (banking secrecy).

If you have any particular questions you would like us to address at the seminar, please feel free to send them in advance to or put them forward during the seminar.


Registration and breakfast

Presentation and discussion/questions

The end


Please register online by 7 April 2016.


If you have any questions, please contact Katia Cassen & Emelie Marius via .

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Association des Banques et Banquiers, Luxembourg
12, rue Erasme | L-1468 Luxembourg
Tél.: (+352) 46 36 601 | Fax: (+352) 46 09 21
Heures d'ouverture:
Du Lundi au vendredi de 8h00 à 17h30

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