Former Turkish Competition Authority Chief Legal Counsel Harun Gunduz has moved into private practice by joining ELIG Gurkaynak Attorneys-at-Law.
UBO Register in Hungary: An Interview with Alexandra Bognar of Schoenherr
In a recent article for CEE Legal Matters, Schoenherr Attorney at Law Alexandra Bognar wrote that Hungary adopted a UBO Register Act this year. We spoke to Bognar to learn more about the new piece of legislation.
“Additional Period” for Ensuring Data Protection Compliance in North Macedonia
Data controllers and data processors had until 24 August 2021 to align with the new Law on Personal Data Protection in North Macedonia (“Law”), which introduced the GDPR in the local legislation at the beginning of 2020. Non-compliance with the new obligations for personal data protection can lead to severe penalties, such as fines of up to 2% and up to 4% of the total annual turnover from the previous financial year, per misdemeanor.
New Standard Contractual Clauses for International Data Transfers and Data Processing Agreements
On 4 June 2021, the European Commission adopted two implementing decisions (Decision no. 2021/914 and Decision no. 2021/915) which contain Standard Contractual Clauses for processing and transferring of personal data and are set in line with the General Data Protection Regulation (2016/679) (“GDPR”) with the hope of bringing about a higher level of personal data protection.
The tension between the GDPR & NFTs
In short, an NFT (non-fungible token) is a set of data stored on a blockchain (a digital ledger), that certifies a digital asset as unique and thus non-fungible. Assets can be tangible (real estate) or intangible (IP rights).
Risk assessment in GDPR – adequate or fake measures?
When advising organisations how to comply their businesses with GDPR, i.e., with the Serbian Law on Personal Data Protection, many times we received answers that organisations apply “best information security practices”. What does this formulation mean?
Romania: The Close Link Between GDPR Compliance and Cyber Security Breaches Is Often Disregarded
The close relationship between data protection and cyber security results from Art. 5 of the European Union’s (EU) General Data Protection Regulation (“GDPR”) which outlines one of the most important principles relating to processing of personal data: “integrity and confidentiality”.