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As usual the meeting began with introductions from Gordon Maddan and Graham Russell.
Gordon gave a potted history of this Business Reference Panel which was created in 2008-9 and noted several key factors impacting on regulation over the past ten years, such as austerity after the global financial crisis, cuts to public services, Brexit and the pace of rapid technological change that has occurred.
This article originally appeared in the IABM Journal, issue 102 which is available to view online here Rebecca Collard Senior associate – Harbottle & Lewis The GDPR (General Data Protection Regulation), which comes into force on 25 May 2018, and which will be replicated into UK domestic law through the proposed Data Protection Bill, is a new EU regulation which is designed to strengthen and unify data protection for all individuals within the EU. As well as reinforcing data protection regulation within the EU, the GDPR also applies to any company outside the EU that is processing data on EU nationals; anyone, anywhere in the world who holds data on EU citizens has to comply with its terms. Penalties for non-compliance can be severe – up to €20 million or 4% of a company’s worldwide turnover for serious breaches. Given the international nature of the broadcast and media technology business, most IABM members will need to be aware of GDPR and ensure they are complying with its regulations. Rebecca Collard, Senior Associate at Harbottle and Lewis LLP, gave a presentation to IABM members at the recent sales & marketing summit in London on what the GDPR covers, and what companies...
Business and commercial updates: Contracts in the Cloud: are you GDPR compliant? This article originally appeared in the IABM Journal, issue 105 which is available to view online here Curated by IABM Finance Director Lucinda Meek Business and commercial updates Talking with members at various shows and events, it became clear to me that they would find it useful if IABM could provide briefings on topical, general business operational concerns alongside the wide range of broadcast and media industry- specific information we already offer members. That’s why we’ve introduced the new Business and Commercial Updates section to the Journal and in this edition, we are looking at cyber liability insurance, the potential effects of the new data protection regulations on contracts in the cloud, and an integrated approach to marketing. I would welcome suggestions from members for future topics, and will myself continue to search out relevant, authoritative analysis and guidance on topical business issues. Things continue to change at such a pace that I am certain there will be no shortage of new subjects to examine! Contracts in the Cloud: are you GDPR compliant? Written by Michael Griffin Paralegal, Harrison Clark Rickerbys From start-ups to multi-nationals and everything in-between, in...
Nicola Bardon, Associate at Harbottle & Lewis, gives us further advice on practical steps companies need to take in order to be ready for when the GDPR comes into force on 25th May 2018.
John Ive – IABM, Director Strategic Insight One of the toughest challenges is to predict future trends. Those who are successful often do so through trial and error. It can be a percentages game rather than absolute right or wrong. When this project was started, existing trends were researched but quickly exposed that in times of discontinuity and disruption, projecting and extrapolating from the past may not be helpful. The only way in which the past can be used is to learn from previous discontinuities and apply some of that experience to this new wave. [bctt tweet="One of the toughest challenges is to predict future trends. Those who are successful often do so through trial and error. It can be a percentages game rather than absolute right or wrong - IABM Future Vision Report"] So, without a bunch of historical data to work on, one alternative was to synthesise the views of people who represent a broad spectrum of backgrounds and are known to be grappling with the same issues. The next challenge was the construction of meaningful questions without constraining free thought. Constraints were necessary to give the work focus but the door needed to be left open for...