Brussels, BELGIUM — A meeting of G20 Finance Ministers today showed strong signs of broad support for reaching an agreement this year on global tax reforms through the OECD negotiations. This was the first meeting with incoming U.S. Treasury Secretary Janet Yellen, who stated the U.S. “was committed to the multilateral discussions on both pillars…
Brussels, BELGIUM — The European Commission today announced two new adequacy decisions for the transfer of EU personal data to the United Kingdom. With these decisions, the European Commission considers that the United Kingdom provides a level of protection of EU personal data that is equivalent to the EU’s laws. Once approved, UK and EU…
Brussels, BELGIUM — The EU Member States (“EU Council”) today approved a joint position on the e-Privacy Regulation, originally proposed in 2017. This decision paves the way for final negotiations with the European Parliament and the European Commission. The proposed e-Privacy Regulation entails new privacy rules that will affect how Europeans consume online services from…
Technology sector organisations techUK, the City of London Corporation, Allied for Start-ups, the Developers Alliance and the Computer and Communications Industry Association (CCIA) have today issued a joint letter calling for a new effort from the U.S., EU and UK to agree a common approach to the taxation of the digital economy at the OECD.…
Berlin, GERMANY — Members of the German parliament voted to approve far-reaching regulations for large digital platforms today. Once signed into law, the proposal would make Germany the first jurisdiction in the EU specifically regulating market power in the digital economy. The reform introduces article 19a in the German “Act against Restraints of Competition,” setting…
Brussels, BELGIUM — The European Commission published today a legislative proposal to update the 2016 Network and Information Security Directive. The proposal aims to reduce regulatory inconsistencies across the EU’s internal market and it encourages security information sharing to help companies effectively address future cybersecurity risks. But the proposal also suggests that cloud computing providers,…
Brussels, BELGIUM — The European Commission presented its Digital Markets Act (DMA) and its Digital Services Act (DSA) proposals earlier today. The Digital Markets Act seeks to target the core services of so-called digital “gatekeepers” by restructuring their relationships with business users and imposing new terms and obligations. These obligations can be updated, new services…
Brussels, BELGIUM — The European Commission today presented its legislative proposals — the Digital Markets Act (DMA) and the Digital Services Act (DSA). The DMA imposes new prohibitions and obligations on so-called digital “gatekeepers”. The DSA imposes due diligence obligations on online platforms, and creates a specific regime with additional obligations for large online platforms.…
CCIA submitted comments to the European Commission on the draft new Standard Contractual Clauses (‘SCC’) to transfer data outside of the EU. CCIA believes this transfer tool will pave the way towards greater legal certainty for most data transfers outside the European Union. However, the tool could still be made more practical for companies to…
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