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Categoría: IT law

AI Ethics in Asset and Investment Management

Since AI systems govern most trading operations in asset and investment management, AI ethics becomes crucial to ensure no fundamental rights and principles are overridden. “I am not uncertain”. Any Billions TV Series fan around here? Those who are will know that this is the phrase that the employees of the hedge fund say to

Spanish DPA issues €25,000 fine to Glovo for Data Protection Officer appointment violation

The Spanish Data Protection Authority (DPA) AEPD fined Glovo €25,000 for not appointing a Data Protection Officer pursuant to article 37 GDPR. Have you ever wondered whether your business is subject to the DPO designation requirement covered by the GDPR? The ambiguity of the GDPR when it comes to the definition of the cases where

Dubai Data Protection Law No.5 will be implemented on July 1st, 2020.

Dubai Data Protection Law No.5 will be implemented on July 1st, 2020, replacing DIFC No. 1 of 2007.   Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai, and Vice President and Prime Minister of the United Arab Emirates, recently enacted the Dubai International Financial Center (DIFC) Data Protection Law No.5 of 2020. This new

France will impose digital tax, regardless of international levy

France will impose digital tax regardless of whether the rest of the world proceeds with a deal on an international levy, according to this article by Euractiv. France will impose a digital tax on corporate giant tech companies. According to Finance Economics Minister, Bruno le Maire, large tech companies like Amazon and Google have largely

New facial recognition bill passed in Washington state.

New facial recognition bill passed in Washington state, constraining government use of facial recognition. What does the future hold for this technology in Europe and abroad?   A new facial recognition bill passed in Washington state recently will require public agencies to frequently report on their use of the technology and have it tested for

The Dutch DPA Imposed a Fine on the Dutch Tennis Association under the GDPR for Illegally Selling Personal Data for marketing purposes.

The Dutch DPA Imposed a fine on the Dutch Tennis Association (The KNLTB) of EUR 525,000, for the unlawful sale of personal data of its members to two sponsors.   The Dutch DPA recently imposed a fine on the Dutch Tennis Association (KNLTB) under the GDPR, for the illegal sale of their members’ information to

The AEPD has approved its first Binding Corporate Rules (BCRs) under the GDPR

The Spanish DPA, AEPD, has approved its first Binding Corporate Rules (BCRs) under the GDPR. The AEPD acted as lead DPA and counted with the EDPB’s favourable Opinion. The AEPD has issued their final opinion concerning the first binding corporate rules drafted by Fujikura Automotive Europe Group, two months after the EDPB approved them. This

CCPA set to Move Forward as Scheduled Despite COVID-19 Challenges.

California Consumer Privacy Act (CCPA) is set to move forward, as scheduled on July 1, 2020, despite the challenges presented by the COVID-19 pandemic.   As various states and countries implement lock downs and stay at home orders in effort to deal with the coronavirus pandemic, many events, initiatives and processes are being cancelled, or

A Memorandum of Understanding has been Signed Between the UK’s ICO and the Office of the Australian Information Commissioner

A Memorandum of Understanding has been signed between the UK’s ICO and the Office of the Australian Information Commissioner (OAIC), to facilitate cooperation and collaboration. A memorandum of understanding has been signed between the UK’s ICO and the Australian Information Commissioner, due to the fact that the two share similar functions and duties in their

Two US Senators Propose New Legislation, to Place a Temporary Ban on Federal Government Use of Facial Recognition.

Two democratic US senators introduced a bill last month to place a temporary ban on Federal Government use of facial recognition technology until Congress is able to pass legislation regulating it. As facial recognition technology quickly develops, two Democratic United States senators; Cory Booker and Jeff Merkley are acknowledging the risks this technology could pose