A tech-entwined world necessarily puts focus on technology companies and the opportunities that arise with them. TMT Talk, the Global TMT industry podcast, will help you navigate and prioritize via insights from top legal advisers in strategic technology markets. We’ll go into the issues, how they affect businesses, society, and the way players deal with them.
To ensure the lawful processing of personal data in the use of closed-circuit television (CCTV)1 systems, the Philippine National Privacy Commission (NPC) released on 16 November 2020, Advisory No. 2020-04 on the “Guidelines on the Use of Closed-Circuit Television (CCTV) Systems” (Advisory). The Advisory guides personal information controllers (PICs) and personal information processors (PIPs) in the processing of personal data via CCTV systems used in public or semi-public places, as well as in responding to requests by the data subject or by third parties for disclosure of CCTV footage. The Advisory applies to CCTV systems with either video and audio capabilities or those which only record videos. Lawful surveillance conducted by law enforcement agencies and other government agencies, however, are not covered by the Advisory.
The simple, transparent and standardised (STS) regime under Regulation (EU) 2017/2402 of the European Parliament and of the Council of 12 December 2017 (EU Securitisation Regulation) has enabled a more risksensitive prudential regulatory treatment for certain European Union (EU) institutional investors investing in securitisation, including credit institutions and insurance companies.
As a result of Brexit, the EU Securitisation Regulation will be ‘onshored’ by The Securitisation (Amendment) (EU Exit) Regulations 2019 (Securitisation Onshoring Regulations), which seek to adapt the EU Securitisation Regulation to UK domestic law, creating a British version of the EU Securitisation Regulation (UK Securitisation Regulation) that is set to apply in the UK after 11pm on 31 December 2020, the time and date marking the end of the Brexit transition period (TP End Date).
On 10 November 2020, China’s State Administration for Market Regulation (SAMR) published draft Anti-Monopoly Compliance Guidelines for the Platform Economy (“Draft Guidelines”) for public consultation.1
The Draft Guidelines clearly signal that stronger antitrust enforcement in China’s tech sector is likely. This appears to be driven by a desire on the part of the Chinese government to rein in the growing strength of internet platforms, and to encourage a more diverse market structure.
The Draft Guidelines are expected to be finalized by the end of this year or early next year.
Shelter-in-place or stay-at-home orders have been prevalent throughout the United States since March 2020 as state and local…
Further to our alert on the development of the Regional Comprehensive Economic Partnership (RCEP) negotiation (Link), we would…
On November 17, 2020, the US Patent and Trademark Office (USPTO) published in the Federal Register a request for comments [Docket No. PTO-C-2020-0044] from stakeholders, including, but not limited to, intellectual property rights holders, online third-party marketplaces, third-party intermediaries, and other private sector stakeholders, on the development of a National Consumer Awareness Campaign on…
Click here to register for all our upcoming webinars. Clinical Trials Clinical Trials in Australia Access recording In partnership…
Countries around the globe are facing unprecedented and rapid change due to the COVID-19 pandemic. The Government Intervention Schemes…
New law exempts M&A transactions with value less than PHP 50 billion from compulsory notification