Page 8 - Binding Corporate Rules News Today

European Commission approved and adopted a new version of the Standard Contractual Clause, designed to provide companies with a means to more securely transfer data out of the European Economic Area

Organizations are closely tracking which of their vendors previously relied on Privacy Shield. Separately, they are preparing Transfer Impact Assessments (“TIAs”) to evaluate and...

  [A] We manage our total proved reserves base without distinguishing between proved reserves from subsidiaries and those from joint ventures and associates. [B] Includes proved reserves associated with future production that will be consumed in operations. [C] Natural gas volumes are converted into oil equivalent using a factor of 5,800 scf per barrel.    How this risk is managed: We continue to explore for and mature hydrocarbons across our Deep Water, Conventional Oil and Gas, Shal...

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February 1, 2021 For the third consecutive year, following the publication of Gibson Dunn’s ninth annual U.S. Cybersecurity and Data Privacy Outlook and Review on Data Privacy Day, we offer this separate International Outlook and Review. Like many recent years, 2020 saw significant developments in the evolution of the data protection and cybersecurity landscape in the European Union (“ EU”): CJEU” or “ Court”) struck down as legally invalid the EU-U.S. Privacy Shield, on which some ...

To print this article, all you need is to be registered or login on Mondaq.com. Since entering into force in May 2018, the EU General Data Protection Regulation (GDPR) applies to all entities in the European Economic Area (EEA) and - due to the extended territorial scope - to a large extent also to entities outside of the EEA. The GDPR has led to a significant rise in data protection compliance duties. In case of violations, companies may face fines of up to 4% of the gl...

On November 10, 2020, the recently established Taskforce of the European Data Protection Board ( EDPB), a body consisting of representatives of all the Data Protection Authorities ( DPAs) in the European Economic Area ( EEA), adopted two sets of Recommendations (one draft and the other finalised), both addressing the aftermath of the landmark Schrems II decision of the Court of Justice of the European Union ( CJEU), which had scrutinised international personal data transfers under the General ...