Seminar - On July 20 2017, the Chamber adopted the preliminary draft law (new AML Act) for the implementation of the 4th Anti-Money Laundering Directive. The current anti-money laundering scheme will be completely replaced and thus rewritten.

Articles - The GDPR is the single most important change in the data protection landscape since the 1995 Privacy Directive. It will have a profound impact on the way processing of personal data will be organized and how companies will prioritize the item of data processing on their corporate agenda. Companies involved in the processing of personal data having a connection with the EU will have no choice but to comply and respect the requirements.

Articles - The General Data Protection Regulation (“GDPR”) will come into effect on 25 May 2018. It will have  significant impact on how companies handle their personal data processing operations, so it is of utmost importance that companies already start implementing compliance processes internally. To this end, the Article 29 Data Protection Working Party (“WP 29”) has published three sets of guidelines that aim to clarify several key legal changes, giving its recommendations on how companies can ensure proper compliance with these new rules.

Articles - Businesses are increasingly relying on data, which are progressively at the very core of their marketing activities. Some brands gather and retain perpetually thousands of clients’ data to improve their services or for implementing direct advertising. In addition, these data are very often transferred by businesses to commercial partners without clearly informing the data subjects about it.