British Furniture Manufacturers (BFM) is a trade association that has represented the interests of the British furniture industry for more than 60 years.
This upcoming seminar is all about what furniture companies need to do to be compliant under new regulations. The GDPR represents the biggest change to data protection law for a generation. All companies will be affected and it will span across different functions. The new laws come into force on 25th May 2018 and advance preparation will need to be undertaken to be compliant. The effect on individual companies will depend on the nature of the business and the personal data held. Also, there are new extra requirements for companies with 250 employees or more. Penalties for a data breach under the Regulation are punitive, with fines subject to an upper limit of €20 million or 4% or annual global turnover – whichever is the greatest.
This event has been designed specifically for the furniture industry and will address the various ways of doing business, whether it is dealing directly with the customer or another business, such as a retailer. There are also implications for services a company outsources, which is likely to require contracts to be amended. Ample time has been allowed for questions to enable specific company situations to be addressed.
Speakers include Catherine Herries-Smith, a solicitor who works with the BFM and member companies. Catherine will look at the implications for our industry and what businesses need to do in order to be compliant. Catherine is also currently advising a local authority and this testifies to her knowledge as data protection compliance is particularly complex for such bodies. Simon Whittaker, Senior Account Executive with Sagar Insurances, will speak about GDPR and how Cyber Liability Insurance can offer businesses safety and security against the costs associated with a data breach.
This event is relevant for businesses of all sizes and to directors, managers, HR, IT professionals, compliance officers, office managers, sales & marketing and others.
If you wish to attend. Please contact email@example.com
As usual there will be a nominal fee of £50 plus VAT to contribute towards room hire and lunch.
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