EU plans to amend GDPR to simplify compliance for SMEs, maintaining data privacy principles. Changes include streamlined documentation and reduced complexity for businesses under 500 employees. Intended to boost European digital competitiveness amid AI concerns, reforms will clarify algorithmic processing rules and address cross-border data transfer issues. Balancing privacy with law enforcement needs also under discussion. Legislative proposals expected by June 2025, aiming to harmonize enforcement standards across EU member states.
https://idtechwire.com/eu-plans-major-gdpr-overhaul-to-ease-business-compliance-rules/