The state of US, EU, and other sanctions regimes is in flux like never before, with significant implications for Middle East trade and finance. Meanwhile, the US is increasing sanctions against Russia, with the EU anticipated to follow suit.
This update focuses on how EU data controllers who are exporting personal data to countries outside the European Economic Area should react. The updates to follow will concentrate more specifically on the Privacy Shield, Binding Corporate Rules and other lawful transfer options.
The Review Paper indicates that the six proposals are the PCPD’s “preliminary recommendations on PDPO amendments” and the present study focuses only on these amendments.
The UAE has witnessed a number of important developments in the area of compliance and financial crime in the past year, which will have a significant impact on the risk exposure of companies operating in the UAE in the foreseeable future.
The European Banking Authority Outsourcing Guidelines came into effect on 30 September 2019. They are more prescriptive than the previous guidance and have a broader scope, applying to payment and e-money companies for the first time.
France has regulated Initial Coin Offerings and intermediaries providing crypto-asset services by virtue of its PACTE law n° 2019-486 of 22 May 2019.
On October 1, 2017, an order from the Japanese Cabinet went into effect to implement amendments to Japan’s Foreign Exchange and Foreign Trade Act (“Act”), which implements Japanese import and export controls. The Cabinet order was decided on July 11, 2017 and it also made relevant adjustments in the relevant regulations.
The Court of Justice of the European Union published a decision on 4 July 2019 concerning the treatment of returned and unsold consumer electronics, including those returned under guarantee, and particularly whether these need to be classified as waste when they have not undergone functionality testing.
We are bringing together members of our global Data Protection and Security Team from London, EU, and the US to update you on the key legal and regulatory developments affecting the world of data privacy. With sessions focusing on employee data, adtech, regulatory enforcement trends and practical compliance issues we will be sharing perspectives from around the world to help you manage your data globally.
With new legislation and various other regulatory developments impacting defined benefit pension schemes coming into force in recent months and with further significant changes in the pipeline, trustees and employers need to be vigilant in ensuring that their pension schemes are compliant. Our new guide ‘UK Pensions – Time for a compliance health check?’ identifies some key focus areas for trustees and employers together with action points to help keep on top of it all
