Diversity
2oskrKE
2oskrKE
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6<br />
News<br />
News in brief<br />
Cork Society hosts Daffodil Day breakfast<br />
Pictured (from left) at the annual Cork Society Daffodil Day breakfast in the Clayton Hotel in Cork are:<br />
Kyran Johnson, Janssen Supply Chain Ireland; Kevin Nyhan, Chartered Accountants Cork Society;<br />
Dr Robert O’Connor, Irish Cancer Society; and Cllr Des Cahill, Lord Mayor of Cork.<br />
Post-Brexit GDPR opportunities for<br />
Ireland-based multinationals – PwC<br />
The new EU General Data Protection Regulation (GDPR)<br />
will come into force in May 2018 and will have significant<br />
implications for Irish businesses in terms of data privacy<br />
and the protection of an individual’s data. It introduces<br />
widespread changes to current regulation in Ireland and<br />
across all EU countries. Importantly, for international<br />
businesses, if a company makes its data strategy decisions<br />
in one EU member state, it is only obliged to report to that<br />
Data Protection Commissioner. In a post-Brexit world,<br />
multinationals based in Ireland only need to deal with<br />
one Data Commissioner in English as opposed to dealing<br />
with different jurisdictions and the associated language<br />
complexities. PwC hosted a GDPR breakfast briefing<br />
recently, which was attended by over 250 Irish senior<br />
business leaders. Pictured (left) at the briefing are (from<br />
left): Denis Kelleher, Senior Legal Counsel, Central Bank of<br />
Ireland; Pat Moran, PwC Cyber Leader; and Helen Dixon,<br />
Data Protection Commissioner for Ireland.<br />
ACCOUNTANCY IRELAND<br />
APRIL 2017