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MUFG Securities Emea Archives | Global Trade Review (GTR)

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UK Adequacy Decision – one step closer | White & Case LLP

To embed, copy and paste the code into your website or blog: On 14 April 2021, the European Data Protection Board ( EDPB ) announced that it had adopted two Opinions on the draft UK adequacy decisions issued by the European Commission on 19 February 2021. The EDPB’s take on the draft adequacy decisions is broadly positive, and will come as welcome news to UK and EEA businesses with cross-border data flows. In the run-up to the end of the Transition Period under the UK-EU Withdrawal Agreement on 31 December 2020, there had been doubts as to how cross-border data transfers from the EU to the UK would work, in light of the prohibition on such transfers set out in the GDPR and the Law Enforcement Directive (the

Webinar: Economic And Legal Issues In Data Privacy And Data Breach Class Actions

Worldwide: Economic And Legal Issues In Data Privacy And Data Breach “Class Actions” Cornerstone Research invites you to attend an Expert Forum on economic and legal issues in data privacy and data protection litigation arising in the context of the General Data Protection Regulation (GDPR), the UK Data Protection Act (DPA) and the legal framework in the US. The webinar will feature speakers from private practice and academia, as well as senior staff of Cornerstone Research.  Our expert panel will consider topics related to data misuse and data breach cases: • Group and representative actions including Vidal-Hall v. Google, Lloyd v. Google, and related matters 

Insurers warn of zombie company debt time bomb | Global Trade Review (GTR)

Unsustainable corporate and government debt racked up during the coronavirus pandemic is emerging as a major credit risk to the global economy and trade. Marsh, one of the world’s biggest insurance brokers, says its annual political risk map has tracked the largest ever increases in economic risk for 2021, which is also characterised by inequality between rich and poor nations and advancing trade nationalism. “Strains on public financing in emerging markets will result from increases in sovereign indebtedness and may create unfavourable conditions for domestic and foreign-owned businesses,” the broker says. “Increased sovereign risk can ultimately lead to government defaults, currency crises or even an inability to convert local currency into hard currency, and to transfer such currency out of the country,” Megan Marshall, global sales leader of Marsh’s credit specialties practice, tells

UK exports to EU recover after record downturn, but disruption remains

UK exports to the EU have picked up after a record slump in January, though industry groups say the improvement does not mean Brexit-related disruption is coming to an end. Exports totalled £11.6bn in February this year, Office of National Statistics (ONS) data published this week show. The ONS points out that marks a 47% .

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