Page 69 - Data Controller News Today

AXA XL has brought in Caroline Tran to lead its political risk, credit and bond (PRCB) insurance business in Europe, a newly created position for the global re/insurer. Tran joins AXA XL from Atradius, where she had been for the last 12 years, most recently as deputy head of special products and product leader for structured single situations and political risks. She started her career with Coface in Shanghai in 2004 and, a year later, became a country risk analyst and a political risk underwri...

In the second half of 2020, Chinese restrictions on coal imports from Australia – part of a wider trade dispute between the two nations – left vessels anchored in the Bohai Sea for months on end, unable to offload cargo, divert course or even change crews. “It’s totally devastating,” says Gaurav Singh, a navigation officer aboard Anastasia, which has been unable to dock since leaving Australia’s Hay Point in July last year. “Everyone is in panic, physically and mentally exhausted...

At the end of last week, the European Commission set out a plan to control Covid-19 vaccine exports from the EU, including requiring vaccine makers holding contracts with the bloc to have authorisation to export. The Commission cites a “lack of transparency” of vaccine exports from the EU as the reason for the measures, which came into effect on January 30 and will apply until the end of March. The new export control regime mandates information disclosure by Covid-19 vaccine producers that ...

When Covid-19 containment measures were implemented in markets across the world, SCF providers reported a surge in demand. Despite years of warnings that supplier finance programmes may not survive an economic downturn, it appears that funding However, SCF programmes generally only help suppliers once the goods have arrived at their destination. Unlike with a letter of credit (LC), a buyer has no guarantee of payment and so will generally wait until delivery before approving a supplier’s in...

DataPro Marks World Data Privacy Day Nigeria’s biggest Regulatory Compliance Solutions Company and one of the licensed Data Protection Compliance Organizations ( DPCOs) is joining the rest of the world today 28th of January, 2021 to celebrate Data Privacy Day.    The day is set aside every year to raise consciousness about individual’s right to privacy of personal data and the regulatory obligations of those who collect and process personal data. The issuance of the Nigeria Data Protectio...

Thomas Carroll, an insurance broker, has appointed Rob Farquharson as head of credit and surety, a newly created role. Farquharson has 18 years’ experience in the trade credit and surety market. He joins from Parker Norfolk, where he was director of trade credit. Prior to this, he held roles at Marsh, Willis and Euler Hermes. This appointment comes as the firm reports growing requests for credit insurance. Gareth Cotty, managing director, says: “In the current climate, managing credit risk ...

Data Privacy Day is observed annually on January 28th. It is a global day aimed at raising awareness about the importance of data privacy and is also celebrated in the European Union, United States and Canada. The issuance of the Nigeria Data Protection Regulation in 2019 showcased Nigeria’s commitment to Data Protection and Privacy of its citizens. To commemorate the 2021 celebration, Abimbola Adeseyoju, the Managing Director of DataPro Limited, a compliance solutions company in Nigeria, and...

Originally launched in 2018, Tradeteq’s cloud-based platform allows originators to package trade finance products into standardised investments that can be bought and sold through private distribution networks and settled like common fixed income products. The company says it intends to use this new funding, which comes from a consortium of US technology investors, to speed up its product development as well as expand its geographical reach. “We had so far focused on the bank to capital ma...

Serai, an HSBC-backed online B2B platform for SME trade, has launched a solution that allows companies in the apparel industry to trace the origin of the cotton and other raw materials that go into their products, enabling them to manage environmental, sustainability and governance (ESG) risks across the entire textile supply chain.  The solution, which is currently being piloted, enables suppliers to input information about their raw materials or intermediate goods, such as provenance or ESG ...

  With this information we wish to inform you about how we process the personal data of users (hereinafter "Personal Data") who consult the website www.osservatoreromano.va (hereinafter "Portal"). Below you will find information on how we collect, use and transfer the Users Personal Data (hereinafter "User"), or all that information that can be used to identify or contact the User.   1. DATA CONTROLLER The Data Controller is the Dicastery for Communication / Vatican Printing Press – L’Oss...