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Risk & Compliance forecast
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Business & human rights
Additional Risk & Compliance updates this week
LexTalk®Risk & Compliance: a Lexis®PSL community
Our new Risk & Compliance forecast as at 17 November 2020 is now live. This month, we report on issues including (1) AML & CTF; (2) data protection; and (3) crime prevention. You can rest assured we’re tracking forthcoming regulatory changes so you can plan ahead.
ICO statement on new EDPB recommendations on international transfers published
The Information Commissioner’s Office (ICO) has issued a statement in response to new recommendations from the European Data Protection Board (EDPB) on international transfers of personal data following the Court of Justice's decision in Schrems II, Case C-311/18 (see LNB News 11/11/2020 75). The ICO says it is reviewing the recommendations published by the EDPB. See: LNB News 16/11/2020 24.
In the meantime, we’ve updated all the tools and guidance in our International transfers of personal data subtopic to reflect the EDPB recommendations.
EU Commission publishes draft SCCs for transfers of personal data outside the EU
The European Commission has published a draft decision and associated draft standard contractual clauses (SCCs) to facilitate international transfers of personal data under the GDPR. The SCCs are also designed to meet the requirements of general minimum terms that must be incorporated into all contracts between controllers and processors or between processors and sub-processors. The Commission is seeking feedback on the drafts until 10 December 2020 (midnight Brussels time).
See: LNB News 13/11/2020 10.
Data protection and data flows—updated Brexit transition guidance from DCMS
The Departments for Digital, Culture, Media & Sport (DCMS) and Business, Energy & Industrial Strategy (BEIS), along with the Office for Civil Society (OCS) and the ICO have published updated guidance on data protection and data flows to help stakeholders prepare for the end of the transition period.
See: LNB News 16/11/2020 108.
ICO tightens approach to data protection enforcement during pandemic
The ICO is allowing organisations less latitude for pandemic-related reasons, in relation to their compliance with data protection rules, judging by updates to two of the ICO’s guid
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