GENERAL DATA PROTECTION REGULATION: PERSPECTIVE WAYS FOR UKRAINIAN LEGISLATION AND BUSINESS DEVELOPMENT

Abstract

In the Article modern standards and requirements to processing of personal data, which are proposed by the General Data Protection Regulation, as well as nowadays Ukrainian legislation on personal data protection are analysed. At the same time, in this Article examples, when thenfulfilment of obligations is mandatory for Ukrainian companies, are represented. The author proposed some changes into a range of Ukrainian legislative acts and defined further ways of Ukrainian legislation modernisation in order to reach European standards and effective use of right on personal data protection. In addition, the author described steps, which Ukrainian companies need to make for compliance with requirements of the Regulation and proper protection of data subjects rights.