Ico

RENBDO First ICO Approved for EU Irredeemable Funds

Retrieved on: 
Monday, July 22, 2019

LONDON, July 22, 2019 /PRNewswire/ --RENBDO.io is pleased to announce that the first ICO campaign conducted by its green energy project RENBDO has been approved for EU funds.

Key Points: 
  • LONDON, July 22, 2019 /PRNewswire/ --RENBDO.io is pleased to announce that the first ICO campaign conducted by its green energy project RENBDO has been approved for EU funds.
  • Prior to approving its ICO, the European Union will cover 70% of this project's funding requirement through its irredeemable funds for the green energy.
  • "It gives me immense pride and pleasure to let you know that the RENBDO ICO campaign has been approved by EU Funds.
  • To register for the RENBDO ICO campaign, please visit https://www.renbdo.io/
    About RENBDO: RENBDO or Renewable Energy Network Based on Decentralized Organization is an upcoming cryptocurrency start-up venture that aims to set up wind farms for the production of green energy.

Blog: Developing the ICO AI Auditing Framework: an update

Retrieved on: 
Saturday, July 6, 2019

Simon McDougall, Executive Director for Technology and Innovation reflects on the progress made in developing the ICO approach to auditing Artificial Intelligence (AI), and some of the broad themes emerging from the feedback received so far.

Key Points: 

Simon McDougall, Executive Director for Technology and Innovation reflects on the progress made in developing the ICO approach to auditing Artificial Intelligence (AI), and some of the broad themes emerging from the feedback received so far. 

ICO fines telecoms company EE Limited for sending unlawful text messages

Retrieved on: 
Monday, June 24, 2019

The ICO has fined telecoms company EE Limited £100,000  for sending over 2.5 million direct marketing messages to its customers, without consent.
The messages, sent in early 2018, encouraged customers to access and use the ‘My EE’ app to manage their account and also to upgrade their phone; a…

Key Points: 
  • The ICO has fined telecoms company EE Limited 100,000for sending over 2.5 million direct marketing messages to its customers, without consent.
  • During the ICO investigation EE stated the texts were sent as service messages and were therefore not covered by electronic marketing rules.
  • However the ICO found the messages contained direct marketing and that the company sent them deliberately, although acknowledges that EE Limited did not deliberately set out to breach electronic marketing laws.
  • Andy White, ICO Director of Investigations said:

    These were marketing messages which promoted the companys products and services.

ICO joins the UK Regulators Network

Retrieved on: 
Wednesday, June 19, 2019

The ICO has joined the UK Regulators Network (UKRN) as a full member.

Key Points: 
  • The ICO has joined the UK Regulators Network (UKRN) as a full member.
  • Joining the network provides the ICO with the unique opportunity to gain valuable insights into the issues facing regulators across the UK, inform policy debates and share experience.
  • Membership will also support the ICO engaging with the main UK regulators on specific issues including cyber security.
  • James Dipple-Johnstone, Deputy Commissioner Operations said:

    The ICO is delighted to have joined the UKRN.

ICO fines home security company for making thousands of nuisance calls

Retrieved on: 
Friday, June 14, 2019

The Information Commissioner’s Office (ICO) has fined Smart Home Protection Ltd £90,000 for making nuisance calls to people registered with the Telephone Preference Service (TPS).

Key Points: 
  • The Information Commissioners Office (ICO) has fined Smart Home Protection Ltd 90,000 for making nuisance calls to people registered with the Telephone Preference Service (TPS).
  • The Staffordshire company was behind 118,000 unlawful marketing calls made between January 2017 and September 2018 to people registered with the TPS.
  • It is against the law to make marketing calls to numbers that have been registered with the TPS for more than 28 days, unless people have provided consent.
  • The ICO has the power to issue fines up to 500,000 to firms who carry out nuisance marketing under the Privacy and Electronic Communications Regulations (PECR).

DIPChain Early Allocation Has Officially Launched with a Discount of up To 15%

Retrieved on: 
Wednesday, June 12, 2019

Related data show that the DIPChain community has reached 150,000 people and the daily active users have exceeded 9,000.

Key Points: 
  • Related data show that the DIPChain community has reached 150,000 people and the daily active users have exceeded 9,000.
  • Major ICO rating agencies such as IC0Bench, TrackICO have fully recognized the DIPChain, with high scores of 4.9 and 5 points respectively.
  • Since the quotas of DIPC in the Private Sale has been subscribed in advance, DIPChain officially launched its Early Allocation.
  • 13% of DIPCs has opened to specific institutions or qualified investors, with a discount of up to 15%

Blog: Counting the cost of accessing environmental information

Retrieved on: 
Monday, June 3, 2019

At the beginning of May, Parliament declared a ‘climate change emergency’ and concerns about the environment make news headlines almost every day. So it’s more important than ever that people are able to get the information they need to take part in informed debates.

Key Points: 
  • A recent decision taken by the Information Commissioners Office (ICO) will now make it easier for people to do so.
  • Alongside the Freedom of Information Act 2000 (FOIA), the ICO also regulates the Environmental Information Regulations 2004 (EIR), which provides access to environmental information held by public authorities.
  • We have published a decision notice on the issue of EIR charges finding that a charge of 325 imposed by Folkestone and Hythe District Council for accessing environmental information was unreasonable.
  • Instead, they should weigh up the reasons behind the law and whether that cost may deter people from requesting information.

FS50787054

Retrieved on: 
Friday, May 10, 2019

The complainant has requested correspondence between the University of Essex (the University) and eight named individuals and organisations. The University denied holding correspondence with all but three of the named organisations. In respect of these three organisations the University provided a limited amount of its correspondence with one, from which personal data had been redacted under section 40 of the FOIA but withheld the remaining information under section 34 – parliamentary privilege. The complainant has not contested the application of section 40. In respect of the second body, it withheld the information in its entirety under section 30 – investigations and section 31 – law enforcement. It advised the complainant that it was still considering whether to disclose the information it held in respect of the third body, the Information Commissioner’s Office (ICO). The Commissioner’s decision is that whilst the University denied holding correspondence with five individuals/organisations, it is highly likely, that at the time of the request, there was at least some information held on its behalf by an academic. However, during the course of the Commissioner’s investigation it became clear that the University was unable to access or recover this information and consequently the Commissioner is unable to order any meaningful steps. The Commissioner also finds that the University is entitled to withhold the information to which it applied section 34. However it is not entitled to withhold the information to which it has applied section 30 and section 31. Some of the information to which it has applied those exemptions can though be withheld under section 40. The University cannot withhold the correspondence with the ICO, apart from a limited amount of information which is exempt under section 40. The Commissioner requires the public authority to disclose the information withheld under sections 30 and 31 and the correspondence with the ICO apart from that which is exempt under section 40. The Commissioner has produced a confidential annex to identify the personal data in question. This annex will be provided exclusively to the University.

Key Points: 
  • The complainant has not contested the application of section 40.
  • In respect of the second body, it withheld the information in its entirety under section 30 investigations and section 31 law enforcement.
  • Some of the information to which it has applied those exemptions can though be withheld under section 40.
  • The University cannot withhold the correspondence with the ICO, apart from a limited amount of information which is exempt under section 40.

ICO fines PPI claims company £120,000 for millions of nuisance texts

Retrieved on: 
Tuesday, May 7, 2019

The ICO has fined a PPI claims management company £120,000 for sending unlawful spam texts about its services.

Key Points: 
  • The ICO has fined a PPI claims management company 120,000 for sending unlawful spam texts about its services.
  • Hall and Hanley Ltd of Devonshire Street North, Manchester were responsible for sending 3,560,211 direct marketing text messages between 1 January 2018 and 26 June 2018 about PPI compensation claims.
  • The ICO launched an investigation after it became aware of a large number of complaints about the company.
  • The messages generated a total of 1353 complaints to the 7726 spam reporting service and directly to the ICO.

ICO Law Group Helping Clients Navigate Rapidly Changing Decentralized Blockchain

Retrieved on: 
Tuesday, May 7, 2019

The team at ICO Law Group is among the group of elite lawyers specializing in blockchain.

Key Points: 
  • The team at ICO Law Group is among the group of elite lawyers specializing in blockchain.
  • For clients who are looking for solid, reputable advice on cryptocurrency or blockchain projects, ICO Law Group specializes in areas including ICOs (initial coin offerings) and STOs (security token offerings).
  • By offering a wide range of ICO and STO specific solutions, ICO Law Group caters to the every legal need of their blockchain based clients.
  • ICO Law Group is currently accepting new clients in the cryptocurrency industry who are looking to partner with a premier law firm with specialization in their field.