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27 August 2020
GDPR En­force­ment Track­er Re­port
1st edi­tion 2020All EU Mem­ber States have been re­quired to ap­ply the Gen­er­al Data Pro­tec­tion Reg­u­la­tion ("GDPR", Reg­u­la­tion (EU) 2016/679) since 25 May 2018. After a cau­tious ini­tial peri­od, the EU data pro­tec­tion au­thor­it­ies ("DPA") have in­creased their fin­ing activ­ity sig­ni­fic­antly. This GDPR En­force­ment Track­er Re­port aims to provide you with valu­able in­sights in­to the fin­ing activ­it­ies of all EU DPAs un­der the GDPR, as well as the ICO's prac­tice in the United King­dom. Our ana­lys­is is based on the pub­licly avail­able data on fines that we col­lect and com­pile at www.en­force­ment­track­er.com. We in­tend to pub­lish an­nu­al edi­tions of this re­port, and we ex­pect that the rel­ev­ance of in­sights will stead­ily in­crease as more data on fines be­comes avail­able.Over­view, coun­try and sec­tor ap­proachIn search of guid­ance on how to op­tim­ise its own data pro­tec­tion strategy and pri­or­it­ise data pro­tec­tion meas­ures, a com­pany will nat­ur­ally want to look at its peers and the com­pet­ent au­thor­it­ies' prac­tice. This holds true both in terms of busi­ness sec­tors and jur­is­dic­tion. Kick­ing off with an over­all sum­mary on the ex­ist­ing fines ("Num­bers and Fig­ures"), we have cor­res­pond­ingly di­vided the fines in­to the fol­low­ing busi­ness sec­tors and con­sidered the re­spect­ive fines' ori­gins:Fin­ance, in­sur­ance and con­sultingAc­com­mod­a­tion and hos­pit­al­ity­Health careIn­dustry, com­merce and real es­tate­Media, tele­coms and broad­cast­ing­Pub­lic sec­tor­Trans­port­a­tion and en­ergy­In­di­vidu­als and private as­so­ci­ation­sEm­ploy­er­sY­our takeawaysThe in-depth ana­lys­is per­mits first con­clu­sions to be drawn as to which busi­ness sec­tors at­trac­ted par­tic­u­larly hefty fines. We have also ana­lysed the DPAs' reas­on­ings for the fines. These as­pects to­geth­er al­low us to provide you with key takeaways for each busi­ness sec­tor. Apart from the law­ful­ness of each data pro­cessing op­er­a­tion, bol­ster­ing data se­cur­ity should re­main in the spot­light for every or­gan­isa­tion. Lit­ig­a­tion in data pro­tec­tion is set to in­crease in the near fu­ture. Or­gan­isa­tions that main­tain up-to-date se­cur­ity meas­ures will be best pre­pared for the fu­ture and for po­ten­tial lit­ig­a­tion.
10 September 2020
We­bin­ar: What EU policy means for hy­dro­gen pro­jects
Has the time come for em­bra­cing
28 August 2020
The new pruden­tial re­gime for in­vest­ment firms: pruden­tial con­sol­id­a­tion...
In this art­icle, we look at the new pruden­tial con­sol­id­a­tion re­gime for in­vest­ment firm groups set to be in­tro­duced by the In­vest­ment Firms Reg­u­la­tion (“IFR”) and the In­vest­ment Firms Dir­ect­ive (“IFD”)...
31 July 2020
An­nu­al Re­view 2019 – 2020
We are liv­ing in tur­bu­lent times, char­ac­ter­ised by polit­ic­al, cli­mate and health crises. The most acute of these – the COV­ID-19 pan­dem­ic – has clearly shown how in­ter­con­nec­ted our eco­nom­ies are: travel, com­merce and sup­ply chains world­wide have been im­pacted. No in­di­vidu­al or busi­ness has re­mained totally un­af­fected by it.As a glob­al or­gan­isa­tion, with a pres­ence in key busi­ness hubs around the world, we are wit­ness­ing the im­pact of the pan­dem­ic firsthand. Our teams in Asia, Europe, Africa and Lat­in Amer­ica are help­ing cli­ents deal with this un­pre­ced­en­ted situ­ation. Un­fold­ing in dif­fer­ent in­tens­it­ies in dif­fer­ent parts of the world at dif­fer­ent times, our teams are in the for­tu­nate po­s­i­tion of be­ing able to con­nect with and learn from each oth­er. This en­ables us to sup­port our cli­ents in a mean­ing­ful way, listen­ing to and un­der­stand­ing their con­cerns and provid­ing them with busi­ness-rel­ev­ant ad­vice that draws on in­sights from our ex­perts world­wide.In this crisis, we, as a so­ci­ety, are at a cross­roads. What is cer­tain is that for in­di­vidu­als and busi­nesses (ours in­cluded) there will be no ‘back to busi­ness as usu­al’. Things need to (and will) change. How we shape the ‘new nor­mal’ is up to us. In this An­nu­al Re­view, we look at some key de­vel­op­ments that are in­creas­ingly im­pact­ing busi­ness suc­cess. Com­pan­ies need to take these in­to con­sid­er­a­tion when ad­apt­ing their op­er­a­tions to the new busi­ness en­vir­on­ment.The months ahead will be chal­len­ging for us all. Busi­nesses will need to think stra­tegic­ally and po­s­i­tion them­selves for suc­cess in the new nor­mal. We at CMS see it as our task to guide our cli­ents through this chan­ging busi­ness land­scape.Mat­thi­as Licht­blau (Ex­ec­ut­ive Dir­ect­or) Pierre-Sé­bas­tien Thill (Chair­man) Duncan We­st­on (Ex­ec­ut­ive Part­ner) CMS Ex­ec­ut­ive Team
24 September 2020
We­bin­ar: Belt and Road - the view from China
Al­though the Cov­id-19 pan­dem­ic has brought delays and dis­rup­tion to many BRI pro­jects, new ones are still be­ing an­nounced and the ini­ti­at­ive still has con­sid­er­able mo­mentum. China has taken the op­por­tun­ity to re-en­er­gise the ‘Health Silk Road’ and ‘Di­gita
28 August 2020
The new pruden­tial re­gime for in­vest­ment firms: pruden­tial con­sol­id­a­tion...
In this art­icle, we look at the new pruden­tial con­sol­id­a­tion re­gime for in­vest­ment firm groups set to be in­tro­duced by the In­vest­ment Firms Reg­u­la­tion (“IFR”) and the In­vest­ment Firms Dir­ect­ive (“IFD”)...
29 July 2020
CMS En­ergy & Cli­mate Change Glob­al Ex­per­i­ence
With more than 450 en­ergy and cli­mate change law­yers, in­clud­ing over 100 part­ners, the CMS En­ergy and Cli­mate Change prac­tice is one of the largest of its kind in the world. Led from its Lon­don centre of ex­cel­lence, the prac­tice works across 75 of­fices glob­ally.CMS teams now work in every corner of the sec­tor across the globe to help it meet the de­mands of cli­mate change, tech­no­lo­gic­al dis­rup­tion, urb­an­isa­tion in de­vel­op­ing eco­nom­ies, so­cial con­cerns and polit­ic­al agen­das.Be­low you will find some of our ex­per­i­ence across the globe. Please get in touch with our ex­perts in your jur­is­dic­tion.Please also see our Hot Top­ics for the En­ergy Trans­ition pub­lic­a­tion.
24 September 2020
CMS We­bin­ar: The State of Re­new­ables in Lat­in Amer­ica
De­mand for re­new­able en­ergy has been on the rise for years now. With it’s nat­ur­al po­ten­tial, gov­ern­ment­al sup­port and in­creas­ing in­vest­ments,
28 August 2020
Ro­mania in­tro­duces re­stric­tions on sale and pur­chase of ag­ri­cul­tur­al land
On 14 Au­gust, Ro­mani­an law­makers passed an amend­ment to Law 17/2014 on the sale and pur­chase of ag­ri­cul­tur­al land, im­pos­ing sig­ni­fic­ant re­stric­tions on the sale and pur­chase of ex­tra mur­os ag­ri­cul­tur­al...
29 July 2020
Hot Top­ics for the En­ergy Trans­ition
With more than 450 en­ergy and cli­mate change law­yers, in­clud­ing over 100 part­ners, the CMS En­ergy and Cli­mate Change prac­tice is one of the largest of its kind in the world. Led from its centres of ex­cel­lence such as Lon­don and Ab­er­deen, the prac­tice works across 75 of­fices glob­ally.Our early work in design­ing and im­ple­ment­ing mod­ern en­ergy mar­kets and sub­sequently guid­ing the sec­tor in the push to de­car­bon­isa­tion means CMS is not only a trans­ac­tion­al or pro­ject ad­viser to the sec­tor, but uniquely placed to help shape its present and fu­ture. We can help by giv­ing you our ad­vice and com­pre­hens­ive know­ledge on the top­ics lis­ted be­low.Please also see our CMS En­ergy Glob­al Ex­per­i­ence pub­lic­a­tion.
02 October 2020
EU Com­pet­i­tion Law Brief­ings
The EU Com­pet­i­tion Law Brief­ings have been cre­ated to provide a plat­form for our cli­ents and oth­er com­pet­i­tion law ex­perts to stay up to date on the de­vel­op­ments of EU Com­pet­i­tion Law. 
28 August 2020
Dutch rul­ing re­minds man­aging dir­ect­ors serving as proxy hold­ers that their...
Last week, the Dutch Sub­dis­trict Court in Geld­er­land con­firmed the dis­missal of a man­aging dir­ect­or serving as a proxy hold­er for a Neth­er­lands-based com­pany due to ser­i­ous culp­able ac­tions and ruled...