Earlier this month, the European Data Protection Board (EDPB) issued its long-anticipated draft guidance on supplemental tools to ensure that data transfers out of the European Union (EU) to third countries comply with the...more
Last week, with the issuance of an Advance Notice of Proposed Rulemaking (ANPR), the Consumer Financial Protection Bureau (CFPB) announced its intention to explore regulation of open banking. The Notice requests public input...more
On October 1, 2020, the U.S. Treasury's Office of Foreign Assets Control (OFAC) issued a new advisory spotlighting sanctions risks for companies that facilitate ransomware payments, including financial institutions, cyber...more