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GDPR's seven principles drive compliance and can result in significant fines if not followed. Understanding each principle is crucial, as violating any one of them can lead to fines of up to four percent of global turnover or 20 million euros. It is important to create a privacy framework to ensure compliance. The video tutorial is part of Privacy Kitchen offering free help on GDPR and privacy-related issues. Subscribe for more informative videos on GDPR and stay updated. Remember, both EU and UK GDPR rules are identical in this regard.