EU-US Privacy Shield rejected

In March 2016, the EU Commission issued a draft decision stating that the Privacy Shield agreement negotiated between US officials and the EU Commission in January 2016, as a replacement for the former Safe Harbor agreement, offered adequate protection for EU citizens’ personal data transferred to and processed in the US. […]

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What progress in replacing the Safe Harbor scheme?

The Judicial Committee of the US Senate approved the Judicial Redress Act (JRA) on 28 January 2016 (symbolically, International Data Privacy Day) designed to remove one of the obstacles which led to the Court of Justice in the European Community (CJEU) declaring that Safe Harbor agreements are no longer lawful under EU law. […]

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Compensation & Benefits: Prospectus Directive

In September 2009, the EU Commission proposed amendments to the current Prospectus Directive which would have extended the current exemption under the Directive to cover employee share schemes of all companies, including those not admitted to trading on an European Economic Area (EEA) “regulated market”. […]

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Compensation & Benefits: EU Commission proposes exempting all employee share schemes from the Prospectus Directive

The proposal extends the current employee share schemes exemption to all companies even if they  are not listed on a regulated market in the EEA,  but it may take some time to come into force […]

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