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Consumer Financial Protection Bureau Proposes New Financial Data Portability, Security Rules

The Consumer Finance Protection Bureau (CFPB) on Oct. 19, 2023, proposed a new Personal Financial Data Rights rule (Proposal) through which it seeks to increase competition in the financial sector. The Proposal was developed...more

EU Releases New Standard Contractual Clauses for Cross-Border Data Transfers

Standard contractual clauses (SCCs) are a contract addendum with provisions governing the handling of personal information. The express language of the SCCs has been preapproved by the European Commission (Commission) to be...more

Will New York Be the Next State to Adopt Robust Data Privacy and Security Laws?

• The signing of the California Consumer Privacy Act (CCPA) into law in June 2018 imposed significant new privacy obligations on businesses that have personal information about California residents and set off a burst of...more

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