Monaco Strengthens Data Protection Legislation to Meet European Standards and Boost Economy

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Résumé:
Monaco has passed a new law to update its data protection legislation and comply with European standards, including the General Data Protection Regulation, in order to secure the use of personal data and enhance the attractiveness of its economy.

Histoire complète :
Monaco has updated its legislation on data protection to align with the highest European standards, including the General Data Protection Regulation (GDPR), the European Directive on “Police Justice,” and the Council of Europe’s Convention 108. This modernization of Monaco’s legal framework reflects the increasing importance of digital and virtual elements in today’s society. The new law contributes to the attractiveness and development of Monaco’s economy by further securing the use of personal data. The government is pleased with the unanimous adoption of the law by the National Council and expresses gratitude for their collaborative work. Some key provisions of the law include the establishment of a new supervisory authority, the Personal Data Protection Authority (APDP), which replaces the CCIN; enhanced rights for individuals, particularly the personal data of minors; the removal of most prior notification requirements; increased responsibilities for data controllers; the introduction of a Data Protection Officer; more precise regulation on the use of criminal data by administrative and judicial authorities; the establishment of appropriate safeguards for the secure exchange of personal data at the European and international levels; and the introduction of administrative fines of up to €10 million. With the adoption of this law, Monaco can once again seek recognition of the adequacy of its legislation from the European Commission, facilitating data transfers between Monaco and EU countries. The government also welcomes the adoption of the law ratifying the amendment protocol to the Convention for the Protection of Individuals with regard to the Automatic Processing of Personal Data, also known as Convention 108. Monaco will now proceed with the ratification process for this Protocol, which is the only binding international legal instrument, with the Council of Europe. The government acknowledges the concerns raised by the National Council regarding the need for educational efforts to support relevant stakeholders in understanding and complying with the law. In response, a Information Seminar will be held on December 11, 2024, at Lycée Rainier III, targeting executive services of the state, public institutions, and public and private entities involved in public interest missions or concessionaires of public services.

Source:
Gouvernement Monaco

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