On 14 Feb 2021, Abu Dhabi Global Market (ADGM) announced that it has enacted Data Protection Regulations 2021 to replace Data Protection Regulations 2015 prior to this. The new regulations are aimed at achieving greater protection of personal data processed at ADGM.
Beginning 14 Feb 2021, compliance is mandatorily required within a maximum of 12 months for current establishments and 6 months for new establishments. With a maximum of up to USD 28 Mn., penalty for non-compliance is the highest in the region.
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