Press release
Deliberate market focus drives solid growth
Deliberate market focus drives solid growth for Grant Thornton
Services
Through Grant Thornton Financial Advisory Services we support the ambitions of dynamic businesses and help them grow
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Transactional advisory services
Find out more about the transactional advisory services of Grant Thornton Financial Advisory Services
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Valuations
Find out more about the valuations services of Grant Thornton Financial Advisory Services
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Mergers and acquisitions
Find out more about the merger and acquisition services of Grant Thornton Financial Advisory Services
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Forensic and investigation services
Find out more about the forensic and investigation services of Grant Thornton Financial Advisory Services
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Recovery & reorganisation
Find out more about the Recovery & reorganisation services of Grant Thornton Financial Advisory Services
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Business risk services
Find out more about the business risk services of Grant Thornton Financial Advisory Services
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Business consulting
Find out more about the business consulting services of Grant Thornton Financial Advisory Services
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Capital market
Capital market
We assist businesses in developing tax-planning strategies to optimise the tax burden in compliance with the regulation in force
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Corporate and business tax
Find out more about our corporate and business tax services.
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Direct international tax
Find out more about our direct international tax services.
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Global mobility services
Find out more about our global mobility services.
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Indirect international tax
Find out more about our indirect international tax services.
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Transfer pricing
Find out more about our transfer pricing services.
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Litigation
Our lawyers and accountants can manage all defense measures provided not only by the Italian law, but also by EU regulations and conventions
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Family business
Find out more about our Family business services.
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Legal
The client can be assisted in every need and with the same care both on important operations or disputes and on simple matters
Related insights:
Through Grant Thornton Operations we help businesses focus on their core business and improve efficiency
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Back office outsourcing
Find out more about our Back office outsourcing services
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Business process outsourcing
Find out more about our business process outsourcing services.
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Compilation of financial statements
Find out more about our compilation of financial statements services.
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Tax compliance
Find out more about our tax compliance services.
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Electronic invoicing
Find out more about our electronic invoicing services
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Electronic storage
Electronic storage is an archiving procedure that guarantees the legal validity of a digitally stored electronic document
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Revaluation of corporate assets
Find out your civil and fiscal revaluation of tangible, intangible and financial assets
We can manage the entire HR process or individual aspects
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Human resources consulting
Find out more about our human resources consulting services.
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Payroll
Find out more about our payroll services.
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HR News
HR News the monthly information newsletter by Grant Thornton HR
we can provide our clients with dedicated services aimed to increase the maturity and resilience of their businesses
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Cybersecurity
GT Digital helps clients structure information security management internal functions, also through partially or totally outsourced functions
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Agile and Programme Management
GT Digital provides support in the adoption and implementation of different portfolio management
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Robotic Process Automation
Our “BOT Farm” can rely on digital workers able to help clients in routine activities, allowing employees to deal with more added-value activities
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Data strategy and management
GT Digital can support clients in seizing the opportunities offered by Big Data, from the definition of strategies to the implementation of systems
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Enterprise Resource Planning
We support clients in selecting the most appropriate ERP System according to their specific needs, helping them also understand licensing models
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IT strategy
GT Digital supports clients in making strategic choices, identifying innovation opportunities, comparing themselves with competitors
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IT service management
We can support with software selection and with the implementation of dedicated tools for the management of ICT processes
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DORA and NIS 2
The entry into force of the DORA Regulation and NIS2 represents a major step towards the creation of a harmonised regulatory framework
The General Data Protection Regulation (GDPR) comes into force in May 2018. It is the latest development in the current EU agenda to safeguard its citizens and their private information by introducing new rights for individuals and strengthening existing protections, while imposing stricter requirements on all business activities involving data. Whether you are a data controller or a data processor, the GDPR will have a significant impact on your business and the clock is ticking. The GDPR supersedes EC Directive 46/95 currently in force, implemented in Italy through Legislative Decree 196/03 (Data Protection Law) and expands existing obligations.
Regulatory changes require prompt consideration and critical assessment by organisations in order to understand their effects on business operations. Amended business practices, supported by IT systems and operational processes will be required to achieve compliance with this new regulation.
With the data protection legal landscape evolving rapidly, the GDPR presents many challenges for businesses, government and public authorities, in particular for consumer facing businesses, online businesses, those in the financial services industry or organisations in possession of sensitive personal data.
Fines for data breaches and non-compliance with the EU regulation increased significantly, up to €20 million or 4% of global group turnover.
Organisations will have to move quickly to avoid potentially large fines for non-compliance.
Key changes under the GDPR:
- accountability
- increased territorial scope and cross-border transferral of personal data
- privacy by default and privacy by design
- requirement to maintain internal records
- data Protection Impact Assessments (DPIAs)
- reporting data breaches
- security of processing
- appointment of a Data Protection Officer
- data subjects’ rights
- penalties
For further information on necessary adjustments in order to align to the new GDPR, please contact Alessandro Leone or Renato Sesana.
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