Melanie Ramey of Covington & Burling writes:
On August 14, Brazilian President Michel Temer signed into law the new General Data Privacy Law (Lei Geral de Proteção de Dados Pessoais or “LGPD”) (English translation), making Brazil the latest country to implement comprehensive data privacy regulation.
The law’s key provisions closely mirror the European Union’s General Data Privacy Regulation (“GDPR”), including significant extraterritorial application and vast fines of up to two percent of the company’s previous year global revenue (the GDPR allows for up to four percent in certain aggravated circumstances).
Read more on InsidePrivacy.