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APEC

28 August 2020

BIS Issues Long-Awaited Notice on Controls on Foundational Technologies, Adds New Entities to Entity List

The U.S. Department of Commerce, Bureau of Industry and Security (BIS) published an advance notice of proposed rulemaking (ANPRM) soliciting comments to identify foundational technologies essential to U.S. national security by October 26, 2020 (the Foundational Technologies ANPRM). The ANPRM is only one step in a multiyear process through which … Read More

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18 July 2020

The EU’s Highest Court Announces Significant Decision Regarding Cross-Border Data Flows: Invalidates EU-US Privacy Shield Program and Upholds Standard Contractual Clauses

In a decision with significant implications for international trade and cross-border data flows, the EU’s highest court – the Court of Justice of the European Union (“CJEU”) ruled on 16 July 2020 that a key legal mechanism (called the EU-US Privacy Shield program) used to enable transfers of … Read More

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21 November 2019

The Sixth Edition of The Privacy, Data Protection and Cybersecurity Law Review is Available

The sixth edition of The Privacy, Data Protection and Cybersecurity Law Review takes a look at the evolving global privacy, data protection and cybersecurity landscape in a time when mega breaches are becoming more common, significant new data protection legislation is coming into effect, and businesses are coming under increased … Read More

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19 March 2019

Important Changes to the Singapore Data Privacy Regime

Singapore may soon mandate data breach notifications and data portability via amendments to the Singapore Personal Data Protection Act, or PDPA. The PDPA applies to all organizations that collect, use and disclose data in Singapore, and the PDPA has extraterritorial effect as it applies to all organizations collecting, using or … Read More

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13 December 2018

Monetary Authority of Singapore Consults on Cyber Hygiene Notice

*This article was originally published by DataGuidance in October 2018.

On 6 September 2018, the Monetary Authority of Singapore (‘MAS’) issued a consultation paper on its draft notice on cyber hygiene (‘the Notice’) which will require financial institutions operating in Singapore to implement a set of fundamental controls to raise … Read More

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26 November 2018

The Fifth Edition of The Privacy, Data Protection and Cybersecurity Law Review is Available

The fifth edition of The Privacy, Data Protection and Cybersecurity Law Review takes a look at the evolving global privacy, data protection and cybersecurity landscape in a time when mega breaches are becoming more common, significant new data protection legislation is coming into effect, and businesses are coming under increased … Read More

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06 November 2018

SFC Announces New Policy to Regulate Digital Assets

On November 1, 2018, following a rising tide of speculation, the Hong Kong regulator Securities and Futures Commission (SFC) announced a series of initiatives to regulate digital assets for the first time (and, apparently, without the need for any kind of legislative approval or backing). The initiatives, discussed below, take … Read More

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09 October 2018

Highlighting the Chinese Cybersecurity Law

Former Department of Homeland Security Chief Privacy Officer Hugo Teufel III and Sidley’s Edward McNicholas addressed a packed room on Chinese Cybersecurity Law at the 2018 Privacy + Security Forum hosted at George Washington University.  The timely presentation highlighted how, with significant attention in the past few years focused on … Read More

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22 August 2018

Fintech Without Borders: Regulators Consult on Global Financial Innovation Network

On August 7, a group of regulators from 11 jurisdictions published a consultation (the Consultation) on the Global Financial Innovation Network (the GFIN), which aims to promote international cooperation on innovation and the use of technology in financial services (FinTech) and in regulatory processes (RegTech).

The group — which includes

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08 August 2018

Japan Granted Adequacy Deal on Data Protection by the EU

On July 17, 2018, the European Commission released a press release announcing Japan and the European Union have concluded talks on reciprocal adequacy of their respective data protection systems, alongside a corresponding Q&A on reciprocal adequacy. After successful negotiations, both jurisdictions have reached a mutual adequacy arrangement, recognising the adequacy … Read More

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