News

Data protection

2020.11.23

Vodafone fined over 12 million Euros for aggressive telemarketing practices

The Italian data protection authority (Garante per la protezione dei dati personali, Garante) imposed a...

Uncategorized

2020.11.20

CJEU: The provision of pre-ticked checkboxes in contracts regarding the personal data processing is not an actively expressed consent. What can we learn?

On November 11th, 2020 the Court of Justice of the European Union (hereinafter – “CJEU”)...

Fintech

2020.11.17

Internet Organized Crime Threat Assessment (IOCTA) 2020 – important for Financial crime specialists

The data collection for the IOCTA 2020 took place during the lockdown implemented as a...

Fintech

2020.11.17

The Bank of Lithuania announced how to prepare for licensing

The Bank of Lithuania has shared comprehensive practical guidance which shall help FinTech newcomers to...

Fintech

2020.11.17

The Bank of Lithuania will decide on description of minor infringement of the law

The Bank of Lithuania currently is deciding on description of minor infringement of the law....

Fintech

2020.11.16

Global Digital Finance’s report on the issuance of digital currencies

Global Digital Finance (GDF) group has recently published a report about issuance of digital currencies. Report...

Data protection

2020.11.12

EDPB published awaited recommendations on supplementary measures

On November 11, European Data Protection Board (EDPB) published their anxiously-awaited recommendations on measures that...

Data protection

2020.11.12

How GDPR affects mergers & acquisitions?

In the second quarter of 2020 alone, investors completed €563.6 billion worth of mergers and...

Insight

2020.11.12

From 1 January 2021, Lithuania will offer e-resident status to foreigners

From 1 January 2021, amendments to the Law of the Republic of Lithuania on the...

Fintech

2020.11.11

Financial institutions’ reporting to State Tax Inspectorate

Financial institutions shall be aware that besides reporting to the Bank of Lithuania, Financial Crime...

AML

2020.11.11

Wolfsberg Group on Source of Wealth and Source of Funds

The Wolfsberg Group has recently published a new guidance on how financial institutions (FIs) can...

Data protection

2020.11.09

Klarna’ s case: the form of data subject’s consent while doing digital marketing campaigns matters

The Information Commissioner’s Office (ICO) got many inquiries from people who got newsletters from the...

Data protection

2020.11.09

Supervisory authority imposed a 35 million euro fine for H&M for the breaches of GDPR while processing personal employee’s datat

The Hamburg data protection authority imposed a fine of EUR 35 258 707.95 on the...

Legal advice

2020.11.03

ECOVIS ProventusLaw launches a podcast

In light of the ever-lasting attempt to share and spread the knowledge and insights, ECOVIS...

Fintech

2020.10.12

Pan-European Crowdfunding platforms allowed to provide services across all EU

The European Parliament approved the deal struck with the Council on common rules to boost...