CYBER AND DATA PRIVACY
Over the last year, there have been a number of important data protection developments in Europe that have a direct impact on the supply chain and distribution arrangements operated by organizations.
Data processing agreements and the mechanisms used for transfers to third parties should be reviewed by trustees to ensure compliance with applicable data protection legislation.
Since 2018, people have questioned whether they would have new obligations or rights under California’s comprehensive consumer privacy regime. But California was only the beginning for such laws in the United States.
The end of the Brexit transition period and the implementation of the new UK/EU Trade Agreement have had a significant impact on technology transactions throughout Europe. Businesses entering into Europe-wide technology engagements should pay particular attention to the effects on technology licensing, data privacy and international data transfers, employment and immigration rules, and financial services regulatory requirements.