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Meta Ireland fined €390 million for unlawful legal basis

Ireland's data protection authority (the DPC) announced its final decision regarding Meta Ireland's Facebook and Instagram services on 4 January 2023.

Meta Ireland krijgt 390 miljoen euro boete voor onrechtmatige verwerkingsgrondslag

De Ierse privacy toezichthouder maakte op 4 januari haar eindbesluit over Meta Ireland's Facebook- en Instagram-diensten bekend. De besluiten zien vooral op de rechtsgrondslag voor de verwerking van persoonsgegevens voor gepersonaliseerde advertenties.

DORA: hoe de financiële sector weerbaarder moet worden tegen cyber risico’s

In deze nieuwste Stibbe Legal Insights spreken Nynke Brouwer en Roderik Vrolijk over de Digital Operational Resilience Act (DORA), die moet zorgen voor een betere digitale operationele weerbaarheid van financiële instellingen in de Europese Unie.

European Strategy for Data: Analysis of the proposed regulation of data governance

On 25 November 2020, the European Commission published a proposal for a regulation on data governance and a related Q&A. On 1 October 2021, the Council of the European Union agreed position on the Data Governance Act.

European Commission clarifies SFDR Level 1 Requirements

On 6 July 2021, the European Commission adopted the much-awaited decision C(2021) 4858 final which provides very useful answers to the questions raised by the European Supervisory Authorities on priority issues relating to the application of the SFDR.

Stibbe participates in CFO Forum on ESG and sustainable value creation

Derk Lemstra and Rogier Raas participated in the annual CFO Forum - the Annual edition, organised by Transformation Forums on May 19, 2021.

Financial Regulatory – Update Q1 2021

Traditionally, 1 January (and 1 July) each year is a date on which new Dutch financial regulations enter into force. This year, the amendments to the Dutch Financial Supervision Act are relatively few, but other developments are worthy of attention.

Digital Law Up(to)date: Belgian DPA asks for clearer justification of the Covid Safe Ticket (CST)

The Belgian Data Protection Authority (DPA) has delivered its opinion on two draft cooperation agreements (one legislative agreement and one implementing agreement) relating in particular to the extension of the scope of the Covid Safe Ticket (CST).

Enforcement of Schrems II: Council of State refuses unconditional illegality of transfers to the U.S.

A recent decision of the Belgian Council of State shines a first light on the enforcement of the Schrems II ruling of the European Court of Justice in Belgium.

Marieke Driessen authors chapter on ESG in 'Sustainable Finance in Europe'

The book, entitled 'Sustainable Finance in Europe', brings together the views of expert academics and practitioners on the latest regulatory developments in sustainable finance in Europe. It includes cutting-edge issues which relate to three main themes.

Adopting the new Standard Contractual Clauses to secure international personal data transfers

Recently, the European Commission issued an implementing decision on standard new contractual clauses (“SCCs”) for the transfer of personal data to countries outside the European Economic Area.

EU Regulator’s response to the Reddit rally

A massive stock market rally recently suddenly developed with respect to GameStop’s shares, a moribund chain of video game stores in the United States. The instigators: users of the investment forum r/wallstreetbets on Reddit.

European Commission publishes major anti-money laundering legislative proposals

On 20 July 2021, the European Commission presented a new legislative package containing significant changes to the applicable anti-money laundering and anti-terrorism financing regime.

De Dataverordening (“Data Act”)

De Europese Commissie heeft op 23 februari 2022 de Europese dataverordening (“Data Act”) voorgesteld, die het delen van data beoogt te bevorderen. Steeds meer gegevens worden door mensen en machines gegenereerd, bewaard en hergebruikt.

Digital Law Up(to)date: Interesting points in a DPA decision based on a cross-border complaint relating to cookies

The Belgian Data Protection Authority published an interesting decision of its Litigation chamber. The content of the decision is not completely new, but it provides (or recalls) some relevant elements for personal data practitioners.

Digital Law Up(to)date: Belgian DPA fines NGO and researcher for GDPR violations regarding the political profiling of tweets

The Belgian DPA fined an NGO and a researcher both active in the fight against disinformation for violating GDPR provisions.

Digital Law Up(to)date: The cookie consent framework of IAB Europe violates the GDPR

On 2 February 2022, the Belgian Data Protection Authority considered that the Transparency and Consent Framework (TCF) developed by Interactive Advertising Bureau Europe (IAB) violates the GDPR.

Stibbe appoints two new partners

Stibbe Brussels proudly announces the promotions of Guan Schaiko (Environment & Planning) and Pieter Nobels (Banking & Finance) to partner. The new appointments will take effect on 1 July 2022.

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