Summary:
Monaco has adopted a new law on personal data protection aligning with European standards, introducing measures such as the creation of a data protection authority and stricter regulations on criminal data.
Full Story:
Monaco has recently adopted a new law on data protection, aligning the nation with the highest European standards, including the General Data Protection Regulation (GDPR), the “Police-Justice” Directive, and the Council of Europe’s Convention 108. The unanimous vote by Monaco’s National Council on November 28, 2024 signifies a significant legislative modernization effort, recognizing the increasing digitization of personal data and the need for robust privacy safeguards. The new legislation, consisting of 118 articles, applies to both public and private sectors and introduces key measures such as the establishment of the Personal Data Protection Authority (APDP) and the removal of prior declarative requirements. It also emphasizes the rights of citizens, particularly minors, and mandates the appointment of data protection officers within organizations. The law imposes considerably strengthened sanctions, with potential fines of up to 10 million euros. By adopting this law, Monaco aims to gain recognition from the European Commission, paving the way for enhanced data exchange with EU countries, thus boosting the competitiveness of the Principality. To support the implementation of this ambitious reform, the government has planned an information seminar for public and private actors on December 11, 2024.
Source:
Monaco Tribune
