News

Revolut gets its fourth license in Lithuania: Revolut Securities receives brokerage license (UPDATED 17/12/2021))

December 1, 2021 the Bank of Lithuania granted UAB “Revolut Securities” category B securities broker...

EDPB adopted the final version of Guidelines on restrictions of data subject rights

On October 2021, the European Data protection board (EDPB) adopted a final version of the...

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...