In this new podcast series on blockchain and cryptoactives in Venezuela, led by midlevel associate Marie Roschelle Quintero, we analyze and discuss the issues related to the implementation and use of this technology, its impact on different industries and the challenges that economic actors come across from a legal perspective.…
In brief What is IA-CEPA? Brief Overview of the IA-CEPA Indonesia and Australia have made a framework to…
InsurTech did not appear overnight. When it comes to collecting and analyzing data to assess risks and calculate exposures and premium payments, insurance companies are the consummate experts. InsurTech is the natural result in two recent developments in the industry.
The European Data Protection Board (“EDPB”) has published draft guidelines on the concepts of controller and processor in the GDPR (“Guidelines”). They replace the previous guidelines on the concepts of controllers and processors which the Art. 29 Working Party, i.e. basically the EDPB’s predecessor, had published in 2010. The Guidelines are open for public consultation until October 19, 2020, after which the final version will be issued.
InsurTech did not appear overnight. When it comes to collecting and analyzing data to assess risks and calculate…
Hong Kong and Mainland China are common destinations for embezzled funds. In today’s global marketplace, disputes are growing in number and complexity. Businesses are facing intense competition and must manage the risks and challenges in doing business locally and internationally. Higher accountability standards and tighter regulatory scrutiny increase exposure and vulnerability.
Questions continue to arise over the interplay of the second Payment Services Directive (PSD2) with the General Data Protection Regulation (GDPR). Both PSD2 and the GDPR are complex legislation and the relationship between distinct provisions of each law and how they work together is not altogether clear, which has led to uncertainty for payment service providers, including banks. For example, when is ‘consent’ required to access payment data and what does consent mean? To this end, the European Data Protection Board (EDPB) has published draft guidelines for consultation, but alongside other industry bodies and firms, the European Banking Federation (EBF) has voiced concerns over their workability for the sector.
On September 15, 2020, the Treasury Department published the anticipated final rule modifying the scope of the critical technology filing…
As of 17 September 2020, the government has cancelled all pre-scheduled inspections of legal entities for consumers rights violations.
Episode 3: Data Journey Map for Virtual Communications (Singapore) This episode outlines different steps that financial institutions must consider or take when using virtual communication platforms. Our experts from Singapore — Stephanie Magnus and Ken Chia — examine these steps, which should form part and parcel of financial institutions’ risk…