News & Analysis as of

Third-Party Self-Certification

Obermayer Rebmann Maxwell & Hippel LLP

Long Awaited Changes to WOSB/EDWOSB Regulations Expected This Summer

Big news for women-owned businesses! It’s certainly been a long time coming, but self-certification for women-owned small businesses is finally on its way out. For those of you unfamiliar with this issue, here’s a little...more

McDermott Will & Emery

IRS Will Now Permit DC Plan Hardship Withdrawal Self-Certification Summaries

McDermott Will & Emery on

Two recently published memoranda by the Internal Revenue Service (the IRS) indicate that it is permissible for 401(k) and 403(b) plan sponsors and their third party administrators (TPAs) to rely on participants’ written...more

Dorsey & Whitney LLP

Self-Certification Under EU-U.S. Privacy Shield to Commence from August 2016

Dorsey & Whitney LLP on

Following the formal approval of the EU-U.S. Privacy Shield by the European Commission on 8 July 2016, the arrangement will come into force in the U.S. commencing 1 August 2016 and will provide a convenient framework to allow...more

Williams Mullen

Adoption of Privacy Shield Gives U.S. Businesses Greater Clarity On Data Transfers From Europe

Williams Mullen on

The European Commission (EC) announced that it has adopted the EU-US Privacy Shield (“Privacy Shield”) effective July 12, 2016, which replaces the US-EU Safe Harbor Framework (“Safe Harbor”). The adoption of Privacy Shield...more

BCLP

Privacy Shield Finalized - How Everyone Can Take Advantage of the New European Data Transfer Framework

BCLP on

The EU Data Protection Directive 95/46/EC (the “Directive”) creates the legal framework for national data-protection laws in each EU Member State. The Directive states that personal data may only be transferred to countries...more

Foley & Lardner LLP

Privacy Shield Approved

Foley & Lardner LLP on

On July 8, 2016, the Article 31 Committee, comprised of representatives of the European Union (EU) member states, voted to approve a revised Privacy Shield framework that is intended to replace the Safe Harbor framework...more

WilmerHale

Privacy Shield Moves Forward, Company Certifications to Begin August 1

WilmerHale on

The European Commission formally adopted the EU-US Privacy Shield on July 12, 2016, ending months of legal uncertainty with a new framework for governing transatlantic data transfers after the Privacy Safe Harbor framework...more

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