Baker & McKenzie’s international presence situates us in a strategic position to advise on international data privacy issues. Due to the implementation of the European Union Directive and the increasing concern with data privacy worldwide, GES attorneys devote a significant amount of time working with multinational companies to assist them with compliance with data privacy laws affecting equity compensation and benefit plans on a global basis.
The advice that we provide is instrumental in helping companies assess their risk with respect to compiling personal data and transferring it to other entities in other countries, particularly to countries the European Commission has determined to have inadequate safeguards for the protection of data, such as in the U.S. GES attorneys work closely with our local offices to prepare data privacy filings in conjunction with equity incentive plans and general employee personnel databases.
In addition, we provide clients with updates on changes in data privacy laws in foreign countries and the U.S. on a timely basis to ensure that clients are aware of such changes and can take the appropriate action to comply with the current laws or with safe harbor alternatives.