The General Data Protection Regulation (GDPR) applies from May 25, 2018 as Union Law and obliges all companies outside the EU to designate a representative in the EU, if they process personal data of EU residents and do not maintain an establishment in the EU.
As an asset manager, you may process personal data related to investors within the EU
You have to designate a representative anywhere within the EU where relevant data subjects reside
Supervisory authorities and data subjects have the right to contact you on all issues related to data processing, for the purposes of ensuring compliance with the GDPR
Records of processing activities have to be maintained by your non-EU based company
ACOLIN represents your non-EU based company with respect to obligations under the GDPR and will be identified as your representative in privacy notices.