News

Why Adverse Media Screening Is Important for Businesses and how is it performed?

Adverse media screening is fast becoming a crucial element of an organisation’s customer due diligence...

French data protection authority released FAQ on the use of Google Analytics

On 7 June 2022, French data protection authority (CNIL) released answers to frequently asked questions...

Twitter to pay $150m fine for using private user data to serve ads

Less than two years after being fined for breaking GDPR data privacy rules, Federal Trade...

New Rules on Consumer Rights Apply in the EU the Omnibus Directive

On 28 th May 2022 the Directive of the European Parliament and of the Council...

Blockchain and the GDPR: How GDPR compliant Blockchain can create trustworthiness

There is an opinion that blockchain technology and GDPR are fundamentally incompatible because of decentralized...

ECOVIS ProventusLaw Attorneys and Lawyers Highly Ranked in The Legal500 2022 Rankings

ECOVIS ProventusLaw, a law firm ranked highly in the leading legal directories rankings Chambers, IFLR1000...

The Danish DPA fines Danske Bank for GDPR violations

Danske Bank, the largest bank in Denmark, is facing a fine of 10 million Danish...

Despite the COVID-19 pandemic, the number of payment and e-money institutions in Lithuania continues to grow

While normal life was suspended under lockdown due to COVID-19 pandemic, this does not limited...

Lithuanian Data Protection Authority’s 2022 planned inspections will focus on the activities of data protection officers and cookies

The Lithuanian Data Protection authority (VDAI) published information on scheduled inspections and monitoring planned for...

Cryptocurrency: Regulations in the USA on the way

Cryptocurrencies are trending. In the USA, the market is hardly regulated, but that about to...

How to ensure a credible internal control and management system in a financial institution?

The Bank of Lithuania has analyzed how electronic money (EMI) and payment institutions (PI) are...

French Data Protection Authority (CNIL) released an English version of the Guide for the role of data protection officer.

On the 15th of March, French Data Protection Authority (CNIL) released an English translation of...

NFT as the grey area of prevention of money laundering

Non-fungible tokens that are better known as NFTs have been shaking up the media as...

Major changes taking place in crowdfunding regulation

With the entry into force of the common European Union regulation, ECOVIS ProventusLaw would like...

Relocation package for employees from non Shengen zone (Updated)

Employee relocation is when a company chooses to move an existing employee, new hire or intern...