Risk and Compliance Update - 4th December

Risk and Compliance Update - 4th December

In this issue:

Data protection

Financial crime prevention

Coronavirus

LexTalk®Risk & Compliance: a Lexis®PSL community


 

 

Data protection

EDPB guidance on ensuring compliance for international data transfers following Schrems II

Miriam Everett, partner and head of Data Protection and Privacy and Hannah Brown, associate, Digital, TMT, Sourcing and Data of Herbert Smith Freehills explain the new guidance from the European Data Protection Board (EDPB) on how to carry out due diligence and put into place supplementary measures when preparing for transfers of data outside the EEA/EU.

See News Analysis: . See also Practice Note:  and Precedent: , which have been updated to reflect the EDPB guidance.


 

Coronavirus (COVID-19) testing: ICO updates guidance on data protection issues

The Information Commissioner’s Office’s (ICO) guidance on data protection issues which may arise in relation to coronavirus (COVID-19) testing has been updated, as summarised in this report.

See News Analysis: .


 

ICO launches new survey on Children's Code

The ICO has launched a new online survey asking for feedback on the Age Appropriate Design Code (the Children’s Code), and to seek information on the advice and resources the ICO can provide to help compliance with the Code.

See: .


 

ICO seeks organisations’ comments on data ethics plans

The ICO has launched a consultation concerning current or future plans on data ethics. Data ethics can help data controllers when they are considering their obligations under the GDPR regime, particularly in situations where a data protection impact assessment or legitimate interest assessment is needed. Responses will not be used to consider regulatory action. The consultation closes on 16 December 2020.

See: .


 

Financial crime prevention

Lebanon and Mali sanctions—new Brexit transition guidance from FCDO

The Foreign, Commonwealth & Development Office (FCDO) has published new guidance on the Lebanon (Sanctions) (EU Exit) Regulations 2020,  and Mali (Sanctions) (EU Exit) Regulations 2020,  to help stakeholders prepare for the end of the transition period and beyond. Further new and updated guidance may be issued as the transition period progresses, so stakeholders are advised to monitor these pages for updates.

See: .


 

Europol announces results of â€˜European Money Mule Action’ operation in money laundering crackdown

Law enforcement authorities from 26 countries and Europol have announced the results of the European Money Mule Action â€˜EMMA 6’, a worldwide operation against money mule schemes. Operation EMMA is part of an ongoing project designed to combat online and payment card fraud. Between September and November 2020, EMMA 6 was carried out for the sixth consecutive year with the support of the European Banking Federation (EBF), FinTech FinCrime Exchange, INTERPOL and Western Union.

See: .


 

Coronavirus

BEIS â€˜Working safely during coronavirus’: updates to nine guides made on 26 November

Nine of the 14 â€˜Working safely during coronavirus (COVID-19)’ guidance documents published originally by BEIS were updated on 26 November, providing, among other things, new information on local restriction tiers, ventilation, mental health and wellbeing and staff canteens and restaurants, and revised guidance on COVID-19 outbreaks in the workplace.

See News Analysis: .


 

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About the author:
Allison is a former partner of Shoosmiths, with extensive experience of legal management and practice compliance.