We are very pleased to present you the latest edition of our Global Overview of Anti-Bribery Laws Handbook, updated with detailed information about key legislative and enforcement activity in the anti-bribery and corruption sphere.
On June 9 2017, the 9th amendment to the German Competition Act (ARC) finally comes into force. The main reason behind this substantial change of German competition law was the implementation of the EU directive 2014/104/EU on Antitrust Damages Actions.
The German Parliament approved the draft of a new Federal Data Protection Act in order to align the German data protection law with the requirements of the European General Data Protection Regulation and to make use of the opening clauses of the GDPR.
Germany is one step closer to new data protection rules as the German Parliament and the Federal Council have both approved the draft of a new Federal Data Protection Act (Bundestag printing matter 18/11325). The purpose of the draft is to align German data protection law to the European General Data Protection Regulation which will be applicable as of May 25, 2018.
On 20 Feburary 2017, the German Federal Ministry for Economic Affairs and Energy published draft legislation, aiming at the creation of a Federal Register to protect the competition for public tenders and concessions
On 22th February 2017, the German Federal Government Cabinet approved the draft for a revised law on the combat of Money Laundering and Terrorism Financing.
On 24 January 2017, the European Parliament's Committee on International Trade approved the the Conflict Minerals Regulation. This paves the way for the text to be formally adopted by the EU institutions in the coming months.
Eturas runs the e-commerce back-end of 30 travel agents in Lithuania. An administrator message to each member informed them that the e-commerce functionality allowing each travel agent to grant discounts would be capped at 3 per cent. That message appeared in part of the system relating to information messages. The Court of Justice found that administrator messages could be the basis of illegal cartel type conduct.
On January 25, 2017, the U.S. President signed an Executive Order on "Enhancing Public Safety in the Interior of the United States" containing rules for government privacy policies pertaining to foreigners. This caused concerns in Europe, but should not affect the EU-U.S. Privacy Shield.
The European Commission has proposed a new Regulation on Privacy and Electronic Communications that is intended to supplement the General Data Protection Regulation.