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Catch up on the latest news and press releases about CMS – the firm, latest developments and insights from CMS publications. Read all about the newest developments in the legal industry. If you are a journalist or media representative looking for commentary on the legal implications of trends and developments in the business world, please contact our local country contacts on the right or visit our global press room for wider global press queries.



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15/05/2024
Six years of GDPR: Europe-wide analysis shows increasingly dynamic sanction...
Highest GDPR fine of 1.2 billion euros imposed by the Irish data protection authority in May 2023 for a breach of the rules on international data transfers. Further fines imposed by this authority in 2023 amounted to hundreds of millions of euros. The main violations are “Insufficient legal basis for data processing” and “Failure to comply with the general principles of data processing”. The next most common violation is “Insufficient technical and organizational measures to ensure information security”. Spain tops the list of countries with the most fines for the fifth year in a row, followed by Italy and Romania. Ireland, Luxembourg and France have the highest average fines and total amounts per country. Berlin – Today, international law firm CMS has published the fifth edition of its annual Enforcement Tracker Report. The English-language report shows the developments of all publicly known GDPR fines based on CMS's own online database, GDPR Enforcement Tracker. The current edition of the report covers the analysis period between March 2023 and March 2024. 510 fines were added for the past year as of the editorial deadline on 1 March 2024. This brings the total number of data protection fines since the GDPR came into effect in May 2018 to 2,225, or 2,086 if only fines with full details such as the amount of the fine, date and authority are counted. The total amount of fines since the start of the survey is around 4.5 billion euros. This means that fines of around 1.7 billion euros have been added compared to last year’s Enforcement Tracker Report. This shows that authorities are no longer shying away from imposing high fines. The average fine for the entire reporting period was around 2.1 million euros - with high fines against “big tech” companies in 2021/22 and the first fine in the billions in 2023 having a particularly heavy impact.“At the top of the list of GDPR fine triggers is, once again, insufficient legal basis and non-compliance with the general data processing principles as well as insufficient technical and organisational measures. Companies should pay particular attention to this,” says Christian Runte, lawyer and partner at the international commercial law firm CMS Germany. Dr Alexander Schmid from the Enforcement Tracker team at CMS Germany adds: “In addition to data protection authorities, the courts have also increasingly dealt with the interpretation of the GDPR. For example, the Court of Justice of the European Union has further clarified the scope of data subjects' right of access. “These rulings create more clarity, but at the same time tighten the requirements for companies, which is why, in addition to a viable compliance concept, current developments will also be decisive for them in practice in the future.”Read the full Enforcement Tracker Report here; a summary can be found here. Pressekon­takt presse@cms-hs. com
29/04/2024
CMS advises Iberdrola on the sale of its wind power assets in Romania
International law firm CMS has advised global energy company Iberdrola on the agreement to sell Eolica Dobrogea One wind company, their Romanian 80MW wind energy production facility, to Premier Energy...
26/04/2024
CMS celebrates significant awards success in CEE
International law firm CMS has won several awards this week, reflecting its dominance and reputation for excellence in Central and Eastern Europe. CMS was named CEE Law Firm of the Year and Hungary Law...
16/04/2024
CMS expands its office space and extends its lease agreement at One Tower...
International law firm CMS has extended its lease contract at One Tower in Bucharest for the long term and has expanded its lease area by  350 sq. m. This extension underscores the strong partnership...
15/04/2024
CMS advises PPC on a landmark cooperation agreement with MYTILINEOS Energy...
International law firm CMS has advised longstanding client Public Power Corporation SA (PPC) on the strategic Cooperation Framework Agreement (CFA) for the development and construction of almost 90 solar...
27/03/2024
CMS advises PPC on completion of acquisition of 84 MW operational wind...
International law firm CMS has advised PPC Renewables on the successful completion of their acquisition in Romania of an 84 MW operational wind farm from Lukoil Group, a deal that was signed and announced...
26/03/2024
CMS advises Ford Otosan on EUR 435,000,000 financing
International law firm CMS has advised automotive manufacturing company Ford Otosan Romania SRL (Ford Otosan Romania) on a EUR 435m financing from a syndicate of banks, arranged by SOCIETE GENERALE and...
06/03/2024
CMS wins strategic victory in front of the Ploiesti Court of Appeal on...
International firm CMS has achieved a strategic victory, successfully convincing the Ploiesti Court of Appeal to forward a plea of un­con­sti­tu­tion­al­ity to the Constitutional Court regarding the provisions...
04/03/2024
CMS advised The Cicor Group on acquisition of Evolution Medtec Srl in Romania
International law firm CMS has advised The Cicor Group (Cicor), one of Europe's fastest-growing developers and manufacturers of high-reliability electronics for the medical, industrial, aerospace and...
09/02/2024
CMS advises OTP Group on the sale of OTP Bank Romania to Banca Transilvania
International law firm CMS has advised OTP Group on the binding agreement to sell its stake in OTP Bank Romania S.A. to the local market leader, Banca Transilvania (“BT”), including all its subsidiaries...
19/01/2024
CMS facilitates financing for Comcris Energy's solar project in Sărmășag...
International law firm CMS has advised UniCredit Bank SA, on the EUR39.3m financing for Comcris Energy S.R.L, a subsidiary of Enery group, for the construction of a solar ground-mounted photovoltaic project...
07/12/2023
CMS advises M Core on EUR 219 million acquisition of 25 retail parks in...
International law firm CMS has advised L&C Properties, part of M Core, one of the UK’s largest, privately held commercial property collectives with combined assets in excess of  EUR 6 billion, on its...