Market News

Swedish data protection authority imposes first fine under GDPR for using facial recognition software

The Swedish data protection authority (Datainspektionen, DPA) imposed for the first time a fine for a breach of the EU […]

IFAC: Strong support for international accounting standards

A new report published by the International Federation of Accountants (IFAC) shows “strong and sustained support” for both the adoption […]

FATF: New Best Practices on Beneficial Ownership for Legal Persons published

The Financial Action Task Force (FATF) approved new Best Practices Paper on Beneficial Ownership for Legal Persons. The new best […]

Navigating US Extraterritorial Sanctions and Export Control Risks with a Nimble Compliance Program

Dealing with the compliance challenges presented by near daily new US sanctions and export controls requires a risk-based compliance program […]

ECJ ruling: Active consent to advertising cookies required – even in the absence of personal reference

The European Court of Justice (ECJ) ruled on 1 October 2019 that website operators must always obtain the active consent […]

Global Risk Profile releases its 2nd edition of the Global Corruption Index

The Geneva based company Global Risk Profile Sàrl releases the second edition of its Global Corruption Index (GCI), which provides […]

The 2019 Global Business Ethics Survey by the Ethics & Compliance Initiative has been published

The Ethics & Compliance Initiative has published its new Global Business Ethics Survey that provides an overview on latest research […]

U.K. Financial Reporting Council tells companies to improve financial disclosures

A review by the Financial Reporting Council (FRC) comes amid increasing concerns about audit and accounting quality in the U.K. More […]

New EU Legislation Tackling Work-Life Balance

The European Commission recently announced new legislation to address work-life balance and women’s underrepresentation in the labor market. The initiative […]

Cryptolaundering: anti-money laundering regulation of virtual currency exchanges

A newly issued paper discusses the anti-money laundering regulation for virtual currency intermediaries, by showcasing and comparing regulatory models at […]