News

Luxembourg DPA imposed fines for the violations on the role of data protection officer

November 2021, during the audit proceedings carried out by the National Commission for Data Protection...

GDPR Challenges: How to Manage a Data Subject Requests?

The General Data Protection Regulation (GDPR) strengthened the rights of individuals and made an impact...

Peer-to-peer insurance platform is a big challenge to traditional insurance companies

Peer-to-peer (P2P) insurance platform has been tested for a year in the regulatory sandbox of...

Reminder: the revised Guidelines on money laundering and terrorist financing risk factors has entered into force

ECOVIS ProventusLaw would like to remind FinTech market participants that the revised Guidelines on money...

An Employee Share Option is an Effective Way to Retain the Employee

In the past, companies expected job loyalty but today we hear stories of employees accepting...

The Norwegian DPA fines a toll company EUR 496,000 for non-compliance with the obligation conduct personal data transfer impact assessment

On the 27th of September, 2021, final decision in the data protection case between Norwegian...

Is European Commission’s proposed AML legislative package in line with GDPR?

On July 22nd, 2021, The European Commission released a package of legislative proposals, which aims...

Fintech companies identifies cybercrime as a major challenge

The Bank of Lithuania has published the Review on the attitude of the Lithuanian financial...

Investment in fintech boom: Acquiring Fintech Startups goes mainstream

Business growth through acquisition, mergers are particularly felt in the fintech sector recently. Potential buyers...