In the build-up to the GDPR coming into effect in 2018, the legal consequences of privacy and cyber security risk were dominated by the headline issue of regulatory fines, and the need to avoid them. The reality is somewhat different. Of course, there have been some groundbreaking fines but they remain rare; the Information Commissioner’s …
I am writing this from my home office, the world having been turned somewhat upside down in the last few weeks. I was expecting to be writing about warranty and indemnity (W&I) insurance trends and claims in 2020, but the form book has been very much disrupted, at least in the short term. I have …
Cyber risks – intensified by the expansion of home working due to the Covid-19 pandemic countermeasures – are one of the most serious worldwide threats nowadays. That doesn’t mean the risks themselves are new, but the sophistication and range of modern cyber attacks foretell a dire future. According to Cybersecurity Ventures, the cost of cyber …
In retrospect, the year 2019 will likely be seen as a turning point in the combat of climate change. With Friday for Future as pace maker, for the first time in history, there is a globally-aligned political movement including countries on every continent urging for immediate and robust action against climate change. Pressure on legislators …
With over fifty insurers today, aggregate premiums of approximately $82.8bn in the financial year 2019, and insurance penetration levels in 2018 of 3.70% (compared to a global average of 6.09%), India is an exciting insurance market, offering growth opportunities for international investors. However, foreign direct investment (FDI) caps and other regulatory issues have meant that …
Two years on from the implementation of GDPR and the Data Protection Act 2018, DAC Beachcroft’s data protection specialists consider the challenges their clients face in this now-established data protection climate.
Singapore law comprises primarily statutory law as well as common law. The primary legislation governing the provision of insurance and reinsurance business is the Insurance Act (Cap 142) (the Insurance Act).
In the fourth of their series of articles on corporate reorganisations, Robin Johnson, Christian Mense and Nicola Evans give on overview on the most recent motives and trends for corporate reorganisations.
A focus for Chinese trademark law and practice in recent years has been strengthening the fight against malicious trademarks. On 1 November 2019, the amended Trademark Law of the People’s Republic of China (the Trademark Law) was officially implemented, in which Article 4 primarily embodies China’s determination to strengthen the fight against malicious trademarks and …
Sponsored by Marsh. The ongoing #MeToo saga within in the legal profession was only a few chapters old last year when our annual risk and professional indemnity report with broker Marsh went to press. Fast forward a year and law firm risk managers and general counsel are faced with a harsher environment to navigate on …
The General Data Protection Regulation (GDPR) and the Revised Swiss Data Protection Act (revised FADP) embrace a risk-based approach to data protection. Organisations that control the processing of personal data (controllers) are encouraged to implement protective measures corresponding to the level of risk of their data processing activities.