Talk to your Lawyers As with many regulations, full compliance will be a journey in which the end goals will change over time as the regulation is revised, amended and tested.
The regulation is far reaching and has a myriad of subtle implications making full and incontrovertible compliance a difficult concept to define, let alone comply with. In the time that remains before 25th May 2018, we strongly recommend that you consult your legal advisors to determine what your best legally defensible position is likely to be. Please note the phraseology here: “defensible position.” Applying the regulation in large, complex, global, data-rich organisations
will clearly require careful and thoughtful interpretation. Implementing a business change programme to achieve a legally defensible position and move towards full compliance, however, cannot be the preserve of the legal team, no more than it can be driven from IT. It must be driven from the CEO, via the COO, with input from the rest of the C-suite and support from a trustworthy consulting partner.
FULL COMPLIANCE WILL BE A JOURNEY AND WILL REQUIRE CAREFUL AND THOUGHTFUL INTERPRETATION
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Project One
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