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...
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...
California’s GDPR has become law
Posted on Jun 29, 2018 in Cybersecurity, Government, Regulation | Comments Off on California’s GDPR has become law
The California legislature passed the California Consumer Privacy Act, a sweeping new law that imposes stringent new GDPR-style privacy standards across sectors. Beginning in January 2020, California consumers will be granted new rights regarding how businesses collect and use their personal data, including a “right-to-be-forgotten” in certain circumstances. The law applies to...
US Partner Michael Bahar Comments on Surveillance Tools
Posted on Jan 19, 2018 in Cybersecurity, Government | Comments Off on US Partner Michael Bahar Comments on Surveillance Tools
Eversheds Sutherland Partner Michael Bahar is quoted in this Politico article regarding the ongoing legislative debate involving the recent passage of a long-term extension of the government’s online surveillance tools. “It’s not really a pendulum swing as much as it is part of the start of a very long, complicated discussion on the role of privacy, not just in the United States, but...
DoT to Unveil Revised Autonomous Vehicle Regulations
Posted on Jan 14, 2018 in Cybersecurity, Government | Comments Off on DoT to Unveil Revised Autonomous Vehicle Regulations
At the Detroit auto show, Secretary Chao announced that the Department of Transportation will release revised self-driving vehicle regulations this summer. The regulations are expected encompass trucks and transit vehicles in addition to automobiles. Learn more.
Mnuchin: Bitcoin firms subject to anti-laundering rules
Posted on Jan 12, 2018 in Cybersecurity, Government, Regulation | Comments Off on Mnuchin: Bitcoin firms subject to anti-laundering rules
Treasury Secretary Steven Mnuchin on Friday warned traders and firms offering services related to cryptocurrencies like bitcoin that anti-money-laundering and know-your-customer rules apply to them — and regulators are watching closely. Learn more.
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