Our in-brief roundup of notable stories from the last week.
Luxembourg
The Irish Data Protection Commission continues to take the lead on GDPR fines in Europe.
Key developments include: Member State transposition, reporting criteria, European Single Access Point submissions, and guidelines on standard contractual clauses.
Risk acceptance and supervisory visits also discussed at Global Relay’s quarterly roundtable in London.
The OFR is set to redefine how non-UK domiciled funds can be marketed to UK retail investors based on the principles of equivalence.
A new survey shows a slight decrease in daily data breaches – but a 168% increase in fines in the last 12 months.