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Financial Markets and Funds Quick Take | Issue 8

SEC Advertising Rules – Client Resource Center - November 4 was the compliance date for the new rule governing advertising and solicitation activities by investment advisers. The new rule substantially revises decades old...more

Financial Institutions Require More Oversight of Cybsersecurity Risk under NYDFS

The New York Department of Financial Services (NYDFS) has published a proposal to amend its cybersecurity rules, which will require regulated companies to notify the NYDFS of a third-party cybersecurity incident within 72...more

Deadline to Update New EU Standard Contractual Clauses Is Approaching

As you may recall from our previous advisory, "The European Commission Implements New Standard Contractual Clauses", existing data sharing contracts that include the old standard contractual clauses ("SCCs") will only remain...more

Client Alert: Proposed SEC Rules for Investment Advisers and Regulated Funds, and New FTC Safeguard Rule Applicable to Private...

On February 9, 2022, the Securities and Exchange Commission (SEC) voted to propose new rule 206(4)-9 under the Investment Advisers Act of 1940 (Advisers Act) and 38a-2 under the Investment Company Act of 1940 (collectively...more

Spotlight on Requirement to Appoint an EU Data Protection Representative

Under the EU General Data Protection Regulation (EU GDPR) and the UK Data Protection Act 2018 (UK GDPR) (together the GDPR), even if an organisation is not established in the European Economic Area (EEA) or United Kingdom it...more

Data Protection Representatives and NIS Representatives

The end of the Brexit transition period is now upon us. Whilst the EU General Data Protection Regulation (EU GDPR) is retained in domestic law with minimal amendment, the so-called 'UK GDPR' has some key changes that...more

Key Areas of Change to Data Protection Laws Post-Brexit

The end of the Brexit transition period is upon us. As of 1 January 2021, the UK is a 'third country' under the EU General Data Protection Regulation (GDPR), though the transition period has been extended for up to six months...more

Privacy for Schools: Key eLearning Considerations

In the age of COVID-19, schools have had to quickly switch to virtual distance learning, which causes a variety of concerns over student privacy and cybersecurity. Katten’s multidisciplinary team of Privacy, Data,...more

UK ICO Issues Guidance on COVID -19 Data Protection Considerations

The Information Commissioner's Office (ICO) has issued a statement confirming that data protection will not stop the need for businesses to share information quickly, or adapt the way they work to face the unprecedented...more

Coronavirus Cyberhygiene: Dos and Don'ts for COVID-19 Remote Work

Key Points - In the wake of the coronavirus (COVID-19) pandemic, government officials have urged companies to allow more employees to work from home in an effort to halt the spread of the disease. As businesses shuffle to...more

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