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In July 2020, the European Data Protection Board (“EDPB”) published its guidelines on the interplay between PSD2 and GDPR for public consultation. Bird & Bird has filed a response to such public consultation which ...
The Financial Conduct Authority (FCA) recently imposed a significant fine of £16.4 million on Tesco Bank for its 2016 cyber-attack: something the FCA has called "a largely avoidable incident". The FCA found that Tesco ...
In February 2020, a report submitted to the French Minister of the Economy and Finance (available here – the Report) suggests that a data localisation requirement should be imposed on payments data, and that France ...
The objective of this three-part series is to analyse how the Nordic countries are going to implement the Whistleblowing Directive. We are going to start the series with an overview of the Directive itself as well as ...
Video identification and liveness checks in the financial sector
On Monday 24th February, the Dutch Data Protection Authority (Autoriteit Persoonsgegevens, AP) communicated that it had initiated investigations into Dutch companies holding a PSD2 authorisation to access and process ...
On 5 August 2020, the French Ministry of Economy announced the launch of a mission on the digital transformation of the French Economy (in French “La mission numérique des grands groupes”). France aims to be one of the ...
On 13 June 2019, the Cyberspace Administration of China (CAC) issued a long-awaited second draft Measures on Security Assessment for Export of Personal Information. In this update we examine some of the key takeaways.
International law firm Bird & Bird today announces the merger of its Baseline consulting arm with Valeocon Management Consulting, creating one of the largest management consultancy firms linked to an international law ...
Blockchain is perhaps best known as the technology on which Bitcoin and other digital cryptocurrencies are built. Adoption of blockchain technology – especially in the financial services sector – has been rapid but in ...
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