TSMA Yearbook 2019

38 2019 Yearbook What have Taiwanese Companies to do with the GDPR? You may be mistaken to believe that Europe is far away from Taiwan, that you may only be in our part of the world by attending European trade fairs such as ISPO or FIBO and that your company is therefore not affected by such set of laws. This is definitely wrong, since any commercial operator, who is doing business with Euro- pean companies, is showing products on websites aimed also at European custom- ers, etc., etc., is caught by the GDPR and needs to be compliant with this Regulation. You are therefore advised not to totally neglect such law requirements, but to be more cautious than in the past if you are handling personal data of European actual and potential customers, of European employees, service providers, etc. in order not run into any problems. On the other hand. just stay calm and do not overreact – the globe is still turning even after this magic date May 25 and I personally believe there are more pressing issues around nowadays we are all dealing with and challenged than those raised by the GDPR law.