The deadline of 25 May 2018 for compliance with General Data Protection Regulations (GDPR) is approaching. GDPR apply to all organisations that control and process personal data and preparing for the changes requires significant time and effort. Failure to comply with GDPR can result in fines of up to €20 million or 4% of annual turnover for the most serious contraventions.
Following on from our very successful GDPR workshops held this year, NFDA is now holding two additional workshops looking at the more specific issue of contract remediation for GDPR compliance.
Contract remediation is a major element of GDPR compliance and one that is essential for all franchised dealers. The workshop will look at how members should review their third-party contracts, such as those with manufacturers, finance houses and dealer management systems, to check and rate their GDPR compliance and risk. It will also advise on how you should amend these contracts to make them compliant.
Additionally, we will also ask attendees to bring with them one of their data sharing arrangements to use as an example to be worked through during the workshop.
Dates: Thursday 1 February and Friday 9 March
Venue: Hilton Hotel, Stratford Road, Warwick CV34 6RE=
Time: 9.30 am refreshments, 10.00 am workshop commences, 3.30 pm close
(a buffet lunch will be provided)
Places will be allocated on a first come first served basis as space is limited. Due the considerable resources required to hold these events, there will be a charge of £99 including VAT per person to attend. If you would like to attend please contact he NFDA on 01788 538303 or email email@example.com .
NFDA and its compliance lawyers, TLT solicitors, have produced a guidance brochure outlining the key steps of the GDPR compliance process. If NFDA members need any assistance with the implementation of the various compliance activities, they can benefit from a range of preferential rates with TLT solicitors. These are explained in the brochure. Please contact firstname.lastname@example.org if you have not received your copy yet.
For further guidance and helpful information on the use of data and GDPR requirements, please visit the GDPR page on the NFDA website: http://www.nfda-uk.co.uk/policy/gdpr/ or the Information Commissioner’s Office (ICO) website: https://ico.org.uk/.
To provide you with best possible assistance along your GDPR compliance journey, we have set up a dedicated GDPR helpline for NFDA members. For queries and advice on GDPR, please ring: 01788 538 304.