Daily Compliance News: August 21, 2025, The Fabricated Evidence Edition
Wait, that’s covered? Insurability of Fines and Penalties Flowing From a Cybersecurity Breach
FCPA Compliance and Ethics Report-Episode 31-the FCPA Year in Review, Corporate Enforcement Actions
FCPA Compliance and Ethics Report-Episode 30-Interview with the FCPA Professor-Part 2
Condo complaints not in writing?
Health Data on Leased Photocopier Costs Company $1.2m—What Others Can Learn
Antitrust and Competition - European and UK Antitrust Enforcers Impose Fines Over End-of-Life Vehicles Recycling Cartel - On 1 April 2024, both the European Commission (the Commission) and the UK Competition and Markets...more
2024 saw a significant increase in overall global fines for antitrust enforcement, with total penalties for the jurisdictions surveyed in our report at USD6.7 billion, over double that of 2023 (USD2.9bn) and substantially...more
The EU’s AI Act (the “Act”) is the world’s first comprehensive AI law. The Act manages risks posed by certain AI systems and prohibits certain AI-related practices. UK and US organisations should not assume that the Act does...more
On October 31, 2024, the European Commission (EC) fined Teva Pharmaceutical Industries Limited and Teva Pharmaceuticals Europe BV (Teva) EUR462.6 million for abusing a dominant position in several EU Member States on the...more
CEP Magazine (January 2021) - After extended investigations and negotiations, the United Kingdom’s Information Commissioner’s Office levied a fine of £18.4 million against Marriott International Inc. for a data breach...more
Q1/ Applicable legislation - (a) Have the requirements of the GDPR been addressed by introducing a new law, or by updating existing legislation? New legislation has been passed. Brexit Note: The GDPR will apply in...more
Any doubt that the world of data protection changed profoundly when the European Union’s General Data Protection Regulation (GDPR) came into effect on May 25, 2018, were solidly dispelled when the United Kingdom’s Information...more
On 8 July 2019, the U.K. Information Commissioner’s Office (ICO) issued a Notice of Intent to fine British Airways (BA) £183.39 million (approximately $232 million). While the Notice of Intent, as the name suggests, is not a...more
On July 8, 2019, the Information Commission’s Office (ICO) announced its intention to fine British Airways £183.39M ($230M), for infringements of the General Data Protection Regulation (GDPR)....more
If you wait for them, the big General Data Protection Regulation (GDPR) fines will come. UK Data protection authority, ICO, announced its intent to fine British Airways 183 million GBP (1.5 percent of annual revenue) for a...more
In this month's Privacy & Cybersecurity Update, we examine several recent U.K.-related cybersecurity developments and the SEC's risk alert reminding investment advisers and broker-dealers to follow through on implementing...more
In this month's edition of our Privacy & Cybersecurity Update, we examine the European Data Protection Board's published opinions on data protection impact assessments, an Ohio court's ruling that bitcoin is covered insured...more
The security breach announced by Equifax Inc. on September 7, 2017, grabbed headlines around the world as Equifax revealed that personal data of roughly 143 million consumers in the United States and certain UK and Canadian...more
Fines significantly down, several enforcement firsts and a strong pipeline of new, mainly domestic cartel cases around the world....more
For the first time ever, a fine issued by the UK Information Commissioner’s Office (“ICO”) has been overturned on appeal. On 21 August 2013, the UK Information Rights Tribunal (“Tribunal”) handed down its preliminary decision...more
FHFA Statement on Freddie Mac Risk-Sharing Transaction - On July 24, the FHFA announced that Freddie Mac is nearing completion of its first risk-sharing transaction, a direct debt issuance, that will assist Freddie Mac...more