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For me, this is the important part. > The UK is also planning to legislate to remove the EU-derived requirement for the Data Protection Officer, as the person
by that_guy_iain 4y ago
For me, this is the important part.
> The UK is also planning to legislate to remove the EU-derived requirement for the Data Protection Officer, as the person responsible for safeguarding an organisation’s users’ privacy rights, while simultaneously demanding under the OSB that companies appoint named individuals who are subject to personal arrests and criminal sanctions for failing to prevent bad things from happening on the internet.
*subject to personal arrests and criminal sanctions* seems like the limited liability companies no longer limit the liability.
I have a legal entity registered in Scotland. Seems like it might be time to wind that up and move it to another country. Where is a good company within the EU to registered?
- jamessb 4y agoIreland seems the natural choice, and wouldn't require you to use a language other than English for anything.
- closewith 4y agoLimited liability companies in Ireland don't provide any protection against liability for criminal acts (nor do any countries), so I think the ideal would be to move to a jurisdiction where the act is not criminal or cease the criminal actions.
- that_guy_iain 4y agoWell, the issue is, they made a company data protection issue criminal and not civil. It would be moving to a country where data protection is a civil matter in a day and age where data leaks happen on a regular basis.
- zekica 4y agoI heard good things about Ireland.
- dhimes 4y agoKind of a Sarbanes-Oxley for privacy?
- alisonkisk 4y ago
- DocTomoe 4y agoA limited liability structure still did not protect you from criminal activity in the past. Nothing really changes.
- that_guy_iain 4y agoSo if nothing is changing, why is it changing from a data leak being a criminal offence for an indivual from being a civil offence for the company? That seems like a massive change! Seems like the laws are changing! Just to be clear, some poor sod is going to end up getting a criminal conviction because someone at the company they work for but don't own fucked up. You get a so-so paid job at a mega corp and end up with a criminal record because some guy in an office you've never been to did something. That is nuts.
- avianlyric 4y agoWell the law is changing to make failure to carry out your responsibilities as a specific officer in a company a criminal offence. But that’s got nothing to do with a companies limited liability. There are plenty of other positions in companies that come with similar personal criminal liability. They mostly only exist in finance industry, but the roles of CEO, CRO, MLRO etc in most financial institutions come with personal criminal liability. The liability in these cases is usually tied to competence and knowledge. It’s illegal to be incompetent at your role, and it’s illegal to be ignorant of the activities of your company that fall within your roles responsibilities. The expectation is that individuals in this role will setup policy and monitoring frameworks to make sure that nobody is doing any stupid, that might result in them going to prison. All of these requirements came into existence after the 2008 financial crisis, after it became apparent that senior leaders in financial institutions we’re keeping themselves deliberately ignorant of the misbehaviour of their companies, and creating a situation where nobody could be held responsible for the mess. I’m not sure that age verification for website meets the bar needed for applying this approach here. But there are certainly places where it makes sense.
- that_guy_iain 4y ago
- pram 4y agoSeems insane. Are there requirements for the individuals? Could you appoint summer interns?
- acoard 4y agoThis doesn't even seem like it'll accomplish what's intended. The goal is to hold the company accountable, but it sounds like they just created legalized paid-fall guys. If the government wants to pierce the limited liability veil, they should either go after the persons in the company either directly or ultimately responsible (eg the direct manager, or the C-suite). Letting the company decide who takes the fall just means they're going to foist it on some uniformed schmuck. You get paid more for being on-call - now wait until you see the legaly-liable-for-the-entire-company bonus!
- humanistbot 4y ago> Where is a good company within the EU to registered? Estonia for sure. Their e-residency scheme is fantastic and designed for people all around the world to register virtual companies, even if you don't have any presence in Estonia.