Category

GDPR

04 November 2020

California Privacy Law Overhaul – Proposition 24 Passes

The results are in, and California voters have approved the California Privacy Rights Act (CPRA) which was listed on the ballot as Proposition 24.  The law, most of which does not go into effect until January 1, 2023, will substantially overhaul and amend the California Consumer Privacy Act (CCPA) which went into effect just this year, on January 1, 2020, with final regulations issued just a few months ago, on August 14, 2020.  And indeed, CCPA obligations continue to evolve, with proposed amendments to the regulations proposed by the Attorney General’s Office mid-October 2020.

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22 October 2020

SEC Lifts Moratorium on Registration of UK-Based Managers

Recent communications from the U.S. Securities and Exchange Commission (SEC) indicate that the SEC is again considering registration of advisers located in the UK. The SEC had delayed approving UK and European Union (EU) investment managers’ applications for registration since the adoption of the EU’s General Data Protection Regulation (GDPR), due to concerns that the GDPR would impede the SEC’s ability to collect data from, and supervise, these UK and EU investment managers.

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02 October 2020

European Commission to Issue New Standard Contractual Clauses by End of 2020

In the wake of the recent Court of Justice of the European Union’s decision in Schrems II, the European Parliament’s Committee on Civil Liberties, Justice and Home Affairs met in early September to discuss the long-awaited revision of Standard Contractual Clauses (SCCs). During the meeting, Commissioner for Justice Didier Reynders expressed hope that revised SCCs would be finalised by the end of 2020.

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30 September 2020

U.S. Government White Paper to Help Companies Address the EU’s National Security Concerns in Schrems II

On September 28, the U.S. government released a “White Paper” addressing how U.S. companies might justify their continued transfer to the U.S. of personal data of EU residents, following the decision of the Court of Justice of the European Union (“CJEU,” or “ECJ”) in Schrems II – more formally known as Data Protection Commissioner v. Facebook Ireland and Maximillian Schrems, Case C-311/18 (July 16, 2020).  The Schrems II decision struck down the EU-U.S. Privacy Shield as a basis for transferring EU personal data to the United States because of the Court’s view that U.S. national security law did not provide equivalent privacy protections to those available in the EU. While the CJEU upheld Commission-approved Standard Contractual Clauses (“SCCs”) as a basis for transfers of EU personal data to the U.S., the Court imposed significant new hurdles for the use of SCCs.

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29 September 2020

An Early Recap of Privacy in 2020: A US Perspective

*This article was adapted from “Global Overview,” appearing in The Privacy, Data Protection and Cybersecurity Law Review (7th Ed. 2020)(Editor Alan Charles Raul), published by Law Business Research Ltd., and first published by the International Association of Privacy Professionals Privacy Perspectives series on September 28, 2020.

Privacy, like everything else in 2020, was dominated by the COVID-19 pandemic. Employers and governments have been required to consider privacy in adjusting workplace practices to account for who has a fever and other symptoms, who has traveled where, who has come into contact with whom, and what community members have tested positive or been exposed.

As a result of all this need for tracking and tracing, governments and citizens alike have recognized the inevitable trade-offs between exclusive focus on privacy versus exclusive focus on public health and safety.

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25 September 2020

The Swiss Parliament Agrees on the Draft Bill of a New Data Protection Act

After three years of discussions and in a final debate, the Swiss parliament has agreed on the final draft bill of a new and modernized data protection law.

In particular, the National Council and the Council of States found a compromise on the these outstanding issues: (more…)

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18 September 2020

EDPB Publishes Draft Guidelines on the Concepts of Controller and Processor under the GDPR

On 2 September 2020, the European Data Protection Board (EDPB) published draft guidelines on the concepts of controller and processor under the GDPR (Draft Guidelines). The Draft Guidelines are intended to expand on and ultimately replace the guidance issued by the former Article 29 Working Party in 2010 (WP29 Guidance). The Draft Guidelines should be reviewed carefully to assess whether: (i) the understanding of an organisation’s role as a controller, joint controller or processor should be revised; and (ii) changes to existing vendor processes and contracts are needed in light of the assessment of guarantees provided by vendors and the more detailed processing provisions and ongoing diligence now required.

The Draft Guidelines consist of two parts. The first part seeks to further clarify the meaning of these concepts—which are crucial in determining compliance responsibilities under the GDPR—by reference to various examples. The second part provides detailed guidance on their respective roles and responsibilities, and the relationships between them.

The Draft Guidelines, accessible here, are subject to public consultation until 19 October 2020.

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28 July 2020

Schrems II Fallout — Understanding Essential Equivalence and What Businesses Should Do Now

Schrems II — Legal Analysis

With the EU-U.S. Privacy Shield declared invalid as a result of the Schrems II decision, there will be an immediate impact on the future of international data flows and potentially for your business.

Join OneTrust DataGuidance, Sidley, and speakers from industry for a webinar taking a detailed look at the Schrems II decision and discussing what additional safeguards may be required for international transfers following the decision, as well as legal analysis into whether there is essential equivalence between U.S. and EU privacy protections.

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22 July 2020

Brazilian Data Protection Law Update – Delayed Enforcement, Lack of Administrative Structure, and Market Unreadiness

(*As with all posts, this article is for informational purposes only; Sidley Austin LLP does not have offices in or practice law in Brazil; Felipe Saraiva is a former Sidley associate licensed to practice law in Brazil.)

The enactment of Law n. 13.709/2018 (the Brazilian Data Protection Law, or “LGPD”) in 2018 was followed by great enthusiasm from the general public in Brazil. Indeed, the comprehensive law has been viewed as a necessary measure for the country to join a select but growing group of nations in the systematic protection of individuals’ personal data.

Originally, the LGPD provided for a 12-month grace period for its enforcement; however, this term was subsequently extended to 24 months, as legislators understood the initial time frame wouldn’t give companies enough time to adapt. As previously analyzed in an article by these authors published on January 20, 2020, the LGPD’s provisions require a great deal of compliance effort from all organizations that are subject to the law.

In view of the current crisis caused by the spread of COVID-19, the compliance difficulties companies are facing, and the fact that the actual creation of the National Agency of Data Protection (“ANPD”) called for in the law is still pending, Brazilian legislators are further extending the LGPD’s grace period; these legislators now indicate that enforcement of the law’s general provisions are extended to May 3, 2021, while its legal sanctions would become enforceable as of August 1, 2021.

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17 July 2020

Payments and Fintech: Addressing Key EU, UK and U.S. Cybersecurity Issues

Data is key to innovation, growth, and staying competitive in the payments sector. In recent years, there has been a massive increase in the volume of data maintained and processed by payment service providers. Regulators and policymakers on both sides of the Atlantic are imposing increasingly prescriptive cybersecurity regulatory frameworks and closer scrutiny upon companies, while new and escalating cybersecurity threats challenge standard safeguards.

For the latest insights on the risks posed and effective ways to mitigate them, please join OneTrust DataGuidance and Sidley for a webinar focusing on the cybersecurity issues confronting the payments and fintech sectors in the EU, UK, and U.S.

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