Simon Elliott

Simon Elliott


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UK Financial Regulatory Developments - April 2016 #21

EIOPA consults on infrastructure corporates - EIOPA is consulting on the Commission’s request for technical advice on the identification and calibration of “other infrastructure investment risk” categories. The...more

4/29/2016 - Article 29 Working Party (WP29) Banking Sector BRRD CCPs Confidential Information Data Protection EIOPA EMIR EU European Banking Authority European Securities and Markets Authority (ESMA) General Data Protection Regulation (GDPR) International Data Transfers Peer Review Risk Management Solvency II Stress Tests UK

UK Financial Regulatory Developments - April 2016 #15

ESAs finalise proposal for RTS on KIDs for PRIIPs - The Joint Committee of the ESAs has finalised its proposal for regulatory technical standards (RTS) on key information documents (KIDs) for packaged retail and...more

4/21/2016 - CSDR Data Protection ECON EIOPA EU EU Market Abuse Regulation (EU MAR) EU-US Privacy Shield European Banking Authority European Securities and Markets Authority (ESMA) Financial Sector International Data Transfers MiFID II MiFIR MLD4 Regulatory Oversight RTS UCITS UK

EU Data Protection Authorities: Privacy Shield needs more work

European Data Protection Authorities have announced that, in their view, further work is required to ensure the proposed EU-US Privacy Shield provides sufficient protection to European data transferred to the United...more

4/14/2016 - Article 29 Working Party (WP29) Data Protection Authority EU EU-US Privacy Shield France National Security Popular Surveillance

EU and US Announce New Privacy Shield for International Data Transfers

On Tuesday 2 February 2016, the EU Commission and US Department of Commence announced that they had reached "political agreement" on a new privacy framework for transfers of personal data between Europe and the United States....more

2/5/2016 - Article 29 Working Party (WP29) CJEU EU EU-US Privacy Shield International Data Transfers US-EU Safe Harbor Framework

No deal yet on Safe Harbor 2.0!

‘Hot off the press’ as Commissioner Jourova continues to give her statement to the European Parliament: there is no deal yet on Safe Harbor 2.0.  The Commissioner outlined the current state of play on the key...more

2/2/2016 - Canada EU European Commission International Data Transfers Personal Data US-EU Safe Harbor Framework

Luxembourg Presidency agrees Data Protection Package

The Luxembourg Presidency has reached an informal agreement with EP on a Data Protection Package to set out new European rules on privacy. ...more

1/7/2016 - Data Protection EU Luxembourg Privacy Laws

Home Office publishes draft Investigatory Powers Bill

The Home Office has published a draft of the Investigatory Powers Bill, including provisions giving FCA powers to acquire communications data. Communications data is described as being the context but not the content of a...more

11/17/2015 - Data Collection FCA Financial Markets Financial Services Industry Private Communications

ICO upholds FCA FOI disclosure refusal

ICO has upheld the FCA decision to refuse to disclose certain information under the Freedom of Information Act 2000 (FOI) relating to countries FCA deems to present a high money laundering risk. FCA had been asked to disclose...more

11/13/2015 - Disclosure Requirements Financial Conduct Authority (FCA) FOIA ICO Money Laundering

European Court declares Safe Harbor Invalid

This week the Court of Justice of the European Union made a landmark ruling that the US – EU data sharing scheme known as “Safe Harbor” is invalid. This followed a complaint by Max Schrems (an Austrian citizen and...more

10/14/2015 - Cybersecurity Data Protection Authority Edward Snowden EU Data Protection Laws European Commission European Court of Justice (ECJ) Facebook FTC International Data Transfers Ireland National Security NSA Personal Data Privacy Laws Right to Privacy Safe Harbors Schrems v Data Protection Commissioner US-EU Safe Harbor Framework

Schrems: Decision Due Next Week

So much for the dust settling... The CJEU has confirmed that it will be delivering its final judgement on the Schrems decision next Tuesday, 6th October at 9.30am. The decisions will come less than two weeks after...more

9/30/2015 - Advocate General Data Privacy Data Protection Data Security Data Transfers EU European Court of Justice (ECJ) Final Judgment Safe Harbors

Schrems v. Irish Data Protection Commissioner: some further thoughts

As the dust begins to settle after the headline-grabbing Advocate General opinion in the Schrems v. Irish Data Protection Commissioner it may be worth considering some of the other potential implications arising from that...more

9/25/2015 - Compliance Data Protection Data Security Edward Snowden European Commission European Court of Justice (ECJ) Frivolous Lawsuits FTC Personal Data PRISM Program Privacy Concerns Right to Privacy Safe Harbors Surveillance

Europe Under Review : Part 6 Of 8 – International Transfers

This week in our series of “back to privacy basics”, we look at the issue of international transfers of personal data. General Rule - Given the harmonised approach to data protection laws across Europe,...more

5/20/2014 - Data Protection EU International Data Transfers Personally Identifiable Information Proposed Regulation

Europe Under Review : Part 2 Of 8 – Data Collection

As the next in our series of “back to privacy basics”, we look the rules regarding collection and processing of personal data. As we will do throughout this series, we take a look at the current position and what is...more

4/14/2014 - Data Collection Data Protection EU EU Data Protection Laws

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