The European Commission opens a debate to strengthen the rule of law in the EU

The European Commission is launching a reflection process on the rule of law in the European Union and setting out possible avenues for future action. The Communication presented today takes stock of the available tools to monitor, assess, and protect the rule of law in the Union. It also looks back at the experience of … Continue reading The European Commission opens a debate to strengthen the rule of law in the EU

Antitrust: European Commission fines Google €1.49 billion for abusive practices in online advertising

The European Commission has fined Google €1.49 billion for breaching EU antitrust rules. Google has abused its market dominance by imposing a number of restrictive clauses in contracts with third-party websites which prevented Google's rivals from placing their search adverts on these websites. Commissioner Margrethe Vestager, in charge of competition policy, said: "Today the Commission has … Continue reading Antitrust: European Commission fines Google €1.49 billion for abusive practices in online advertising

Stronger anti-money laundering supervision for a stable banking and financial sector – Questions and Answers

The Commission proposed today to further strengthen the supervision of EU financial institutions to better address money-laundering and terrorist financing threats. While the EU has strong anti-money laundering rules in place, recent cases involving money laundering in some EU banks have raised concerns that those rules are not always supervised and enforced effectively across the … Continue reading Stronger anti-money laundering supervision for a stable banking and financial sector – Questions and Answers

Understanding the GDPR: General Data Protection Regulation

The GDPR–or General Data Protection Regulation–is a regulation passed by the European Union on April 27, 2016, with an effective start date of May 25, 2018. Officially classified as regulation 2016/679, the GDPR expands upon and replaces the Data Protection Directive 95/46/EC of 1995. It serves as the EU’s effort to synchronise and harmonise laws on citizen and resident … Continue reading Understanding the GDPR: General Data Protection Regulation

The EU General Data Protection Regulation (GDPR) to replace the Data Protection Directive 95/46/EC

After four years of preparation and debate the GDPR was finally approved by the EU Parliament on 14 April 2016. Enforcement date: 25 May 2018 - at which time those organisations in non-compliance may face heavy fines.  The EU General Data Protection Regulation (GDPR) replaces the Data Protection Directive 95/46/EC and was designed to harmonise data privacy laws across Europe, to protect and empower all EU … Continue reading The EU General Data Protection Regulation (GDPR) to replace the Data Protection Directive 95/46/EC