New DIFC Law expected to bring enhanced governance and transparency obligations

by admin July 4, 2020 at 12:06 pm

The new Dubai International Financial Centre (DIFC) Data Protection Law (DPL) 2020 law, coming into effect from July 1, is expected to bring enhanced governance and transparency obligations.

Even though the law comes into force from July, businesses to which the law applies will have a grace period of three months, until October 1, 2020, giving organisations just a few months to make necessary changes required to bring compliance frameworks into line with the new law.

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