California Consumer Privacy Act preparation website launched by Eversheds Sutherland
Posted on Oct 25, 2018 in Data Privacy | Comments Off on California Consumer Privacy Act preparation website launched by Eversheds Sutherland
In anticipation of the California Consumer Privacy Act (CCPA), set to take effect on July 1, 2020, Eversheds Sutherland created a one-stop information hub to help companies prepare for the impending legislation that affects many organizations doing business in California. The CCPA website provides a much-needed resource that assists companies with preparation and compliance through a...
India’s highest court defends data privacy
Posted on Oct 16, 2018 in Data Privacy, Government, Litigation, Regulation | Comments Off on India’s highest court defends data privacy
India’s Supreme Court recently issued a holding that increases the data privacy protection that businesses operating in India must provide. The holding strikes down the portion of Section 57 of the Aadhaar Act that had previously allowed businesses to require national ID numbers, known as Aadhaar numbers, for “any purpose.” The industries most impacted by this ruling will likely be...
Malaysia seeks to expand personal data protection
Posted on Oct 4, 2018 in Cybersecurity, Intellectual Property, Litigation, Regulation | Comments Off on Malaysia seeks to expand personal data protection
Malaysia is looking to impose a data breach notification (DBN) requirement to its existing data privacy law, which would impact companies around the world who do business in Malaysia. The Malaysian Personal Data Protection Commissioner is currently hearing feedback on Public Consultation Paper No. 1/2018, which would impose a DBN requirement on companies that need to be registered with...
Videocast: Blockchain technology in the financial services industry
Posted on Oct 2, 2018 in Cybersecurity, Financial Services, Litigation, Securities & Corporate Governance | Comments Off on Videocast: Blockchain technology in the financial services industry
Blockchain and distributed-ledger technology hold tremendous promise, far beyond cryptocurrencies. However, there are also real pitfalls, which are often not identified until it is too late. This Bottom Line videocast discusses: What is blockchain, and how is it broader than bitcoin and other cryptocurrencies? Why it may be revolutionary, but why it will not solve all problems—and why...
Virtual currencies as commodities—CFTC wins battle in the fight to define cryptocurrencies as commodities but has it won the war?
Posted on Oct 2, 2018 in Financial Services, Government, Litigation, Regulation, Securities & Corporate Governance | Comments Off on Virtual currencies as commodities—CFTC wins battle in the fight to define cryptocurrencies as commodities but has it won the war?
A federal court in Massachusetts allowed the US Commodity Futures Trading Commission’s fraud case against virtual currency operators to continue by finding that the digital coin met the definition of “commodity” under the Commodity Exchange Act. The court rejected the defendants’ argument that the virtual currency at issue was not a “commodity” because there was no futures contract...
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