News & Analysis as of September 27, 2024

Consumer Financial Products

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Follow this channel for updates and analysis on all aspects of the European Union's General Data Protection Regulation, a reform of EU's data protection rules that impacts... more +

Follow this channel for updates and analysis on all aspects of the European Union's General Data Protection Regulation, a reform of EU's data protection rules that impacts individuals throughout the Union and all businesses operating therein. less -

The EU AI Act: What Businesses Need To Know

Skadden, Arps, Slate, Meagher & Flom LLP on 6/27/2024

The newly approved Artificial Intelligence Act (AI Act or the Act) aims to create a secure and trustworthy environment for the development and use of AI in the European Union....more

AI regulation in financial services in the EU and the UK: Governance and risk-management

Hogan Lovells on 5/17/2023

Artificial intelligence (AI) and machine learning (ML) technology have started to transform financial services and bring about new business opportunities, but with risks. AI governance should be adopted by financial...more

What Non-Financial Institutions Need to Know About Gramm-Leach-Bliley

Society of Corporate Compliance and Ethics... on 1/19/2023

The Gramm-Leach-Bliley Act (GLBA) is typically referred to in the context of financial institutions. It requires offerers of consumer financial products to explain how they share information and protect sensitive data. It’s...more

Dutch DPA: Banks May Not Use Payment Data for Marketing Purposes

Hogan Lovells on 7/11/2019

In the wake of a recent announcement by a major Dutch bank that it would start providing its customers with personalized advertisements based on their spending patterns, the Dutch Data Protection Authority (DPA) has sent a...more

Privacy & Cybersecurity Update - July 2017

Skadden, Arps, Slate, Meagher & Flom LLP on 8/2/2017

In this month's edition of our Privacy & Cybersecurity Update, we examine new privacy laws in Germany, an FTC settlement with an alleged consumer loan company over unfair and deceptive practices, the dismissal of a data...more

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