Article 25

ESMA signs Memorandum of Understanding with the Indonesia Financial Services Authority and recognises PT Kliring Penjaminan Efek Indonesia as Tier 1 CCP

Retrieved on: 
Thursday, November 9, 2023
TC, European Securities and Markets Authority, European Commission, CCP, Memorandum of understanding, Civil service commission, Adoption, European Market Infrastructure Regulation, EMIR, Financial Services Authority (Indonesia), Article 25, ESMA, Korea, Security (finance), Drug, EU

ESMA signs Memorandum of Understanding with the Indonesia Financial Services Authority and recognises PT Kliring Penjaminan Efek Indonesia as Tier 1 CCP

Key Points: 
  • ESMA signs Memorandum of Understanding with the Indonesia Financial Services Authority and recognises PT Kliring Penjaminan Efek Indonesia as Tier 1 CCP
    The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has signed a Memorandum of Understanding (MoU) with the Indonesia Financial Services Authority and updated its list of recognised third-country central counterparties (TC CCPs) under the European Markets Infrastructure Regulation (EMIR).
  • On 19 October 2023, ESMA recognised PT Kliring Penjaminan Efek Indonesia (KPEI) as a Tier 1 CCP under Article 25 of the European Market Infrastructure Regulation (EMIR).
  • The recognition of PT Kliring Penjaminan Efek Indonesia as a third country CCP follows the adoption of an equivalence decision regarding the regulatory framework for central counterparties in Indonesia with EMIR requirements on 8 June 2022.
  • ESMA and the Indonesia Financial Services Authority signed a Memorandum of Understanding (MoU) on 30 September 2023.

New FPF Report: Unlocking Data Protection by Design and by Default: Lessons from the Enforcement of Article 25 GDPR

Retrieved on: 
Wednesday, May 17, 2023
FPF, Article 32 hearing, EEA, Concept drift, Synthetic media, Article, EDPB, Privacy, Future of Privacy Forum, Toms, Research, Educational technology, Article 25, DPA, Pet, Organization, Report, Outline, Science and technology in Asia, Design, Generative, GDPR, Role, Medical device, Internet service provider

New FPF Report: Unlocking Data Protection by Design and by Default: Lessons from the Enforcement of Article 25 GDPR

Key Points: 
  • New FPF Report: Unlocking Data Protection by Design and by Default: Lessons from the Enforcement of Article 25 GDPR
    On May 17, the Future of Privacy Forum launched a new report on enforcement of the EU’s GDPR Data Protection by Design and by Default (DPbD&bD) obligations, which are outlined in GDPR Article 25.
  • The Report aims to explore the effectiveness of the DPbD&bD obligations in practice, informed by how DPAs and courts enforced Article 25.
  • We also look at what controls and controller behavior are and are not deemed sufficient to comply with Article 25.
  • Our analysis determines that European DPAs diverge in how they interpret the preventive nature of Article 25 GDPR.

Irish Supervisory Authority announces decision in Facebook “Data Scraping” inquiry

Retrieved on: 
Thursday, December 1, 2022
Compliance, Internet, DPC, Online dating application, Information privacy, SAS, Foot, Article 25, GDPR, European, Article, Key finding attacks, Meta, SA, Data Protection Commissioner, Data, Property management, Medical device, Cryptocurrency, Facebook

- Legal Reference: GDPR obligation for Data Protection by Design and Default (Article 25 GDPR).

Key Points: 
  • - Legal Reference: GDPR obligation for Data Protection by Design and Default (Article 25 GDPR).
  • Summary of the Decision
    Origin of the case
    The Irish Supervisory Authority, SA commenced this inquiry on 14 April 2021, on foot of media reports into the discovery of a collated dataset of Facebook personal data that had been made available on the internet.
  • The material issues in this inquiry concerned questions of compliance with the GDPR obligation for Data Protection by Design and Default.
  • For further information: Data Protection Commission announces decision in Facebook Data Scraping inquiry

Space Era Wins World Trade Centers Association Foundation's 2021-2022 'Peace Through Trade' Student Competition

Retrieved on: 
Thursday, November 3, 2022
Sustainable Development Goals, Emergency, United Nations Sustainable Development Group, Awareness, Papaya, Anant National University, Stanford University, Solution, Program, Article 25, WTC, Research, Student, Technology, Universal, Housing, UN, WTCA, World Trade Center, Climate change, Student competition, USD, Menstruation, Foundation, Person, Privacy, United Nations Academic Impact, World Trade Centers Association, Education, Management, Tourism, Goal (disambiguation)

NEW YORK, Nov. 3, 2022 /PRNewswire/ -- The World Trade Centers Association® Foundation (WTCAF) is proud to announce architectural shelter-tech start-up, Space Era, as the winner of its third annual "Peace Through Trade" Student Competition.

Key Points: 
  • NEW YORK, Nov. 3, 2022 /PRNewswire/ -- The World Trade Centers Association Foundation (WTCAF) is proud to announce architectural shelter-tech start-up, Space Era , as the winner of its third annual "Peace Through Trade" Student Competition.
  • The competition program is designed to identify and inspire the next generation of entrepreneurial leaders from the 300-plus cities where a World Trade Center (WTC)-branded business is located.
  • "Space Era is a perfect fit for what the Foundation hopes to achieve with the 'Peace Through Trade Competition.'
  • Space Era also has the opportunity to be interviewed by Robin van Puyenbroeck, WTCA Executive Director-Business Development, on the "WTCA Trade Wins" podcast .

Space Era Wins World Trade Centers Association Foundation's 2021-2022 'Peace Through Trade' Student Competition

Retrieved on: 
Thursday, November 3, 2022
Sustainable Development Goals, Emergency, United Nations Sustainable Development Group, Awareness, Papaya, Anant National University, Stanford University, Solution, Program, Article 25, WTC, Research, Student, Technology, Universal, Housing, UN, WTCA, World Trade Center, Climate change, Student competition, USD, Menstruation, Foundation, Person, Privacy, United Nations Academic Impact, World Trade Centers Association, Education, Management, Tourism, Goal (disambiguation)

NEW YORK, Nov. 3, 2022 /PRNewswire/ -- The World Trade Centers Association® Foundation (WTCAF) is proud to announce architectural shelter-tech start-up, Space Era, as the winner of its third annual "Peace Through Trade" Student Competition.

Key Points: 
  • NEW YORK, Nov. 3, 2022 /PRNewswire/ -- The World Trade Centers Association Foundation (WTCAF) is proud to announce architectural shelter-tech start-up, Space Era , as the winner of its third annual "Peace Through Trade" Student Competition.
  • The competition program is designed to identify and inspire the next generation of entrepreneurial leaders from the 300-plus cities where a World Trade Center (WTC)-branded business is located.
  • "Space Era is a perfect fit for what the Foundation hopes to achieve with the 'Peace Through Trade Competition.'
  • Space Era also has the opportunity to be interviewed by Robin van Puyenbroeck, WTCA Executive Director-Business Development, on the "WTCA Trade Wins" podcast .

Corsight AI Releases Privacy Focused Software to Address Emerging Guidelines for Ethical Facial Recognition Technology

Retrieved on: 
Tuesday, June 21, 2022
Solution, R, Privacy, Industry, Gold, Technology, Compliance, Design, LinkedIn, Aviation, GDPR, FRT, Facial recognition system, Year, Ethics, Software, Legislation, Law enforcement, Article 25, Facial recognition, Government, Element, EU, AI, Face, Medical device, Fortify

NEW YORK, June 21, 2022 /PRNewswire/ -- Corsight AI, a leading provider of Facial Recognition Technology (FRT), today launched the latest version of its flagship product, Fortify, in a drive to change the face of facial recognition. The new suite of privacy settings empowers the data operator and protects the data subject to address both existing and emerging industry standards.

Key Points: 
  • NEW YORK, June 21, 2022 /PRNewswire/ -- Corsight AI , a leading provider of Facial Recognition Technology (FRT), today launched the latest version of its flagship product, Fortify, in a drive to change the face of facial recognition.
  • The new suite of privacy settings empowers the data operator and protects the data subject to address both existing and emerging industry standards.
  • In addition to software enhancements, Corsight AI is working closely with data operators in the ethical use of its software.
  • Corsight AI, a leading facial recognition technology provider, is dedicated to creating a game-changing solution with unrivaled speed and accuracy.