CMS Thought leadership – Digital Horizons explores CEE’s digital future
Based on a recent survey canvassing the views of our clients and contacts whose operations span 18 countries across Central and Eastern Europe (CEE)…
Lessons from the ICO’s decisions to reduce the BA and Marriott GDPR fines
Following swiftly on from its decision to fine British Airways (BA) £20m, the UK’s Information Commissioner’s Office (ICO) has now announced that it…
Managing cybersecurity, data protection and other date risks and liabilities
A quick Google search on data breaches/cyber security issues/GDPR investigations and fines results in hundreds of thousands of hits covering best…
The UK’s Information Commissioner delivers GDPR penalty notices for British Airways and Marriott International Inc.
On 16 October the UK’s Information Commissioners Office (“the ICO”) confirmed it had imposed a fine of £20million (€22 million) on British Airways…
Global Investigations Bulletin (November 2020)
In our Global Investigations Bulletin (November 2020) we discuss the Serious Fraud Office’s 9th Deferred Prosecution Agreement (DPA) with Airline…
Payment Fraud: PSP’s Obligations
In accordance with recent UK Finance statistics, in 2019 banks and card companies prevented £1.8 billion in unauthorised payment fraud and between…
New Regulatory Regime for Virtual Assets
A new framework for regulating virtual asset businesses was introduced in the Cayman Islands on 20 May 2020. The Cayman Islands Government enacted…
Resilience and recovery – a will to survive
As financial institutions continue to respond to the challenges posed by COVID-19, the Financial Conduct Authority (FCA) has set out its expectations…
DB Transfers – the FCA’s views on good and bad practice
Continuing our blog series, one of the documents produced by the FCA on Friday was a guidance consultation document intended to meet requests from the…
Taxation of Covid-19 Support Payments
Broadly, the coronavirus support grants that have been made will have replaced the revenues of businesses and individuals, and therefore those grants…