Employers often want to have a data retention policy that works for all of their international operations. We look at the challenges with this approach and how to make it work in practice. Why bother with data retention policies? Following the introduction of the European general data protection regulation (“GDPR”) in 2016, many HR professionals will be familiar with the message that “you can only keep data for as long as you need it.” This same principle also now lives on...

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On June 1, 2022, both the EU and UK introduced new regulations providing a safe harbour (“Block Exemption”) for certain classes of restrictions in vertical distribution agreements. These changes would replace expiring old regulations. New Vertical Guidelines have also been issued by the European Commission, which is intended to be read alongside VBER to provide further guidance and clarity to businesses.  In the UK, the CMA is planning to do the same for VBEO. The CMA and the EU...

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As part of its 2022 Convergence Report, the European Commission finally paved the way for Croatia to enter the eurozone. After years on the side lines, the country may now become the twentieth country to join the EU’s common currency. Since joining the European Union as the, at the time, 28th Member State on 1 July 2013, Croatia has been on a steady path of aligning its economic, fiscal and monetary policy to that of the European Central Bank. While, technically, all...

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COVID-19 has rapidly accelerated our expectations that virtual connection can deliver better and more economical care. As a result, digital health companies have an unprecedented opportunity to innovate, but with that opportunity also comes significant regulatory challenges related to the collection and processing of personal health information. What legal requirements apply to the processing of health information? What are the risks associated with noncompliance? In this brief primer, we provide answers to these questions, and a window to what...

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Bans to Cover Luxury Goods, Commercial, Industrial, Medical and Laboratory Equipment and Materials On Friday May 20, 2022, Canada announced amendments to the Special Economic Measures (Russia) Regulations, which were registered and entered into force on May 18, 2022. Notably, these amendments substantially expand the scope of purchase and sale restrictions imposed on Russia to broader categories of goods and new industries. A detailed summary of current sanctions related to the Russia/Ukraine conflict can be found in our previous insight, "Canadian...

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This article from ICLG - Anti Money Laundering was published in May 2022. The entire publication is available at: https://iclg.com/practice-areas/anti-money-laundering-laws-and-regulations/7-impacts-of-covid-19-and-the-increasing-use-of-technology-for-financial-institutions The COVID-19 pandemic has exposed vulnerabilities at many banks and financial institutions that increased money laundering activity. A report from the Financial Action Task Force found that criminals were exploiting conditions during the pandemic to bypass customer due diligence, misuse online financial services, exploit economic stimulus programs, and misappropriate financial aid - all increasing the risk of corruption and money...

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