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.
Transparency International has launched its latest 2016 Corruption Perception Index. China’s ranking continues to improve, moving up by four places from last year’s rank of 83 to a rank this year of 79. Find out more about the other highlights.
An attorneys' data privacy initiative brought an action against the Adequacy Decision in the CJEU claiming that the Adequacy Decision of the European Commission is null and void.
After several years of development, involving input from over 50 countries, the International Organisation for Standardisation (ISO) has finally published ISO 37001: Anti-Bribery Management Systems Standard - a new international standard designed to assist organisations worldwide in implementing and maintaining effective anti-bribery systems.
Baker & McKenzie released the 2016 edition of its Global Overview of Anti-Bribery Handbook. You can read the Handbook for free on Global Compliance News.
The Spanish authority fined car-wash equipment maker Istobal €638,770 (2% of its Spanish revenue) for denial of parts and data to independent repairers.
As of August 1, 2016, U.S. companies can now self-certify compliance to the EU-U.S. Privacy Shield to the U.S. Department of Commerce