In light of a new DOL audit initiative and increasing cybersecurity threats to ERISA benefit plans, ERISA plan sponsors and fiduciaries should be prepared to answer some important questions: Do the cybersecurity programs of...more
6/24/2021
/ 401k ,
Audits ,
Cybersecurity ,
Data Protection ,
Department of Labor (DOL) ,
Employee Retirement Income Security Act (ERISA) ,
Fraud ,
Individual Retirement Account (IRA) ,
New Guidance ,
Popular ,
Retirement Plan ,
Third-Party Service Provider
Many companies will consider selling their offshore captives/GICs in the wake of COVID-19, especially those in industries hard hit by the pandemic.
Large outsourcing vendors are interested in acquiring offshore...more
6/25/2020
/ Asset Transfer ,
Business Transfer Agreements ,
Capital Gains Tax ,
Coronavirus/COVID-19 ,
Data Privacy ,
Data Protection ,
India ,
Mergers ,
Offshore Funds ,
Outsourcing ,
Stamp Taxes ,
Technology ,
Valuation ,
Vendors
In August 2017, the Supreme Court of India passed a judgment in the case of Justice K S Puttuswamy vs Union of India (Supreme Court of India, WRIT PETITION (CIVIL) NO 494 OF 2012), in which fundamental rights, as provided in...more
2/7/2018
/ Biometric Information ,
Citizens Rights ,
CNIL ,
Cybersecurity ,
Data Collection ,
Data Protection ,
EU ,
Extraterritoriality Rules ,
India ,
New Legislation ,
Personal Data ,
Popular ,
Privacy Rule ,
Right to Be Forgotten ,
Right to Privacy
The ERISA Advisory Council1 recently announced that, as part of its goals for 2016, it will be focusing on cybersecurity issues affecting retirement plans and, in particular, the extent to which such issues relate to...more
Retirement plan sponsors face ever-evolving cyber-related threats to plan assets and participant personal information. To combat such threats, plan sponsors should proactively assess the third-party service providers’ ability...more