Search Results for: European law
Casting off the EU millstone
August 7th, 2019
In this article, we look at the implications of the new Johnson government: its strategy, the likely outcome of EU negotiations, and the golden opportunities to reform trade, tax and monetary policies to secure a better future based ...
General Data Protection Regulation shows results, but work needs to continue
July 25th, 2019
Just over one year after the entry into application of the General Data Protection Regulation, the European Commission has published a report looking at the impact of the EU data protection rules, and how implementation can be improved further. ...
Apple faces investigation over GDPR compliance
July 4th, 2019
Apple’s main regulator in the European Union, Ireland’s Data Protection Commissioner (DPC), has opened a third privacy investigation into the iPhone maker over the last few weeks, a spokesman for the DPC said on Tuesday. The probe is examining ...
UK is higher than most among EU jurisdictions in notifying regulator on GDPR breaches
June 14th, 2019
UK is higher than most among EU jurisdictions in notifying regulator on GDPR breaches, but “just in case” says law firm. The first year of the General Data Protection Regulation (GDPR) together with the narrow reporting window, lack of detailed ...
GDPR close to one year anniversary; Has lived up to its potential?
May 8th, 2019
The European Union’s General Data Protection Regulation was celebrated as a revolution in how internet privacy could be legislated. It was a reaction to long-term concerns in the EU about information collection by tech giants like Facebook, Alphabet and ...
Wrong handling of user data may cost up to $5B for Facebook
April 25th, 2019
Facebook said Wednesday it expects to shell out between $3 billion and $5 billion to settle the FTC’s ongoing investigation into its handling of user data, foreshadowing a potentially massive penalty from the nation’s top consumer protection agency. The ...
Dutch Beneficial Ownership Register effective 2020
April 25th, 2019
The Dutch Government has confirmed that a registry of ultimate beneficial owners of companies will enter into force in the Netherlands from January 2020. Legislation to implement the UBO register was submitted to the lower house of parliament on ...
British pound pulls back from highs as investors await next Brexit vote
March 14th, 2019
The pound fell Thursday, a day after the U.K. currency surged on a vote by the country’s parliament to rule out a no-deal exit from the European Union. The pound GBPUSD last traded at $1.3253, a 0.6% drop on ...
Swiss bank UBS to appeal after fined 4.5 billion euros in French tax fraud case
February 21st, 2019
A French court found Swiss bank UBS AG guilty of illegally soliciting clients and laundering the proceeds of tax evasion, ordering it to pay 4.5 billion euros ($5.1 billion) in penalties. Shares in the Swiss bank fell as much ...
Pound rises after three weeks of losses
February 18th, 2019
Sterling drifted higher on Monday after registering three consecutive weeks of losses as investors waited for the outcome of Brexit talks between Britain and the European Union. British Prime Minister Theresa May plans to speak to every EU leader ...