Compliance

Deal on a single rulebook against money laundering and terrorist financing | News | European Parliament

Retrieved on: 
星期五, 一月 19, 2024

Parliament and Council negotiators reached a provisional agreement on the sixth Anti-Money Laundering (AML) directive and the EU “single rulebook” regulation.

Key Points: 
  • Parliament and Council negotiators reached a provisional agreement on the sixth Anti-Money Laundering (AML) directive and the EU “single rulebook” regulation.
  • The agreed provisions, part of the Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) package, will have to be applied by banks and other obliged entities to protect the EU internal market from money laundering and terrorist financing.
  • The new bills provide access to beneficial ownership information and give more powers to Financial Intelligence Units (FIUs) to analyse and detect money laundering and terrorist financing cases as well as to suspend suspicious transactions.
  • More information on the agreement on the sixth Anti-Money Laundering (AML) directive can be found here and on Anti-Money Laundering (AML) regulation, here.

ESAs publish first set of rules under DORA for ICT and third-party risk management and incident classification

Retrieved on: 
星期五, 一月 19, 2024

ESAs publish first set of rules under DORA for ICT and third-party risk management and incident classification

Key Points: 
  • ESAs publish first set of rules under DORA for ICT and third-party risk management and incident classification
    The three European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) published today the first set of final draft technical standards under the DORA aimed at enhancing the digital operational resilience of the EU financial sector by strengthening financial entities’ Information and Communication Technology (ICT) and third-party risk management and incident reporting frameworks.
  • RTS on ICT risk management framework and on simplified ICT risk management framework
    The draft RTS on ICT risk management framework identify further elements related to ICT risk management with a view to harmonise tools, methods, processes and policies.
  • The RTS identify the key elements that financial entities subject to the simplified regime and of lower scale, risk, size and complexity would need to have in place, setting out a simplified ICT risk management framework.
  • The RTS ensure the ICT risk management requirements are harmonised among the different financial sectors.

FTC Pauses CARS Rule Effective Date

Retrieved on: 
星期五, 一月 19, 2024

The Federal Trade Commission has issued an order postponing the effective date of the Combatting Auto Retail Scams (CARS) Rule while a legal challenge against the rule is pending.

Key Points: 
  • The Federal Trade Commission has issued an order postponing the effective date of the Combatting Auto Retail Scams (CARS) Rule while a legal challenge against the rule is pending.
  • Two industry groups have petitioned to overturn the rule, asserting that the rule should be stayed while the court challenge is pending.
  • The Commission further notes that if the court reviewing the rule grants expedited review, as the litigants requested, a stay of the effective date should not postpone implementation of the rule by more than a few months, if at all.
  • Follow the FTC on social media, read consumer alerts and the business blog, and sign up to get the latest FTC news and alerts.

FTC Pauses CARS Rule Effective Date

Retrieved on: 
星期五, 一月 19, 2024

The Federal Trade Commission has issued an order postponing the effective date of the Combatting Auto Retail Scams (CARS) Rule while a legal challenge against the rule is pending.

Key Points: 
  • The Federal Trade Commission has issued an order postponing the effective date of the Combatting Auto Retail Scams (CARS) Rule while a legal challenge against the rule is pending.
  • Two industry groups have petitioned to overturn the rule, asserting that the rule should be stayed while the court challenge is pending.
  • The Commission further notes that if the court reviewing the rule grants expedited review, as the litigants requested, a stay of the effective date should not postpone implementation of the rule by more than a few months, if at all.
  • Follow the FTC on social media, read consumer alerts and the business blog, and sign up to get the latest FTC news and alerts.

EDPB identifies areas of improvement to promote the role and recognition of DPOs

Retrieved on: 
星期五, 一月 19, 2024

DPOs play an important part in contributing to compliance with data protection law and promoting effective protection of data subject rights.

Key Points: 
  • DPOs play an important part in contributing to compliance with data protection law and promoting effective protection of data subject rights.
  • Through the CEF, DPAs investigated whether DPOs have the means to fulfil their tasks, as required by the GDPR.
  • DPOs play an important part in contributing to compliance with data protection law and promoting effective protection of data subject rights.
  • Through the CEF, DPAs investigated whether DPOs have the means to fulfil their tasks, as required by the GDPR.
  • The CEF is a key action of the EDPB under its 2021-2023 Strategy, aimed at streamlining enforcement and cooperation among DPAs.

Information Commissioner’s Office launches consultation series on generative AI

Retrieved on: 
星期五, 一月 19, 2024

The Information Commissioner’s Office (ICO) has launched a consultation series on generative Artificial Intelligence (AI), examining how aspects of data protection law should apply to the development and use of the technology.

Key Points: 
  • The Information Commissioner’s Office (ICO) has launched a consultation series on generative Artificial Intelligence (AI), examining how aspects of data protection law should apply to the development and use of the technology.
  • Generative AI models are being used across the economy to create new content, from music to computer code.
  • The first consultation examines when it is lawful to train generative AI models on personal data scraped from the web.
  • “The impact of generative AI can be transformative for society if it’s developed and deployed responsibly.

ICO publishes updated Commissioner’s Opinion on age assurance for the Children’s code

Retrieved on: 
星期五, 一月 19, 2024

- New Opinion gives clarity to organisations on how to comply with age assurance

Key Points: 
  • - New Opinion gives clarity to organisations on how to comply with age assurance
    The Information Commissioner’s Office has renewed its 2021 age assurance Opinion with an updated version reflecting developments over the past two years.
  • The Opinion explains how age assurance can form part of a necessary and proportionate approach to reducing or eliminating risks and conforming to the code.
  • It also sets out how the Information Commissioner expects online services to apply age assurance measures that are appropriate for their use of children’s data.
  • If your business is using age assurance checks, you could apply to the Age Check Certification Scheme by ACCS.

Ghana is behind the curve on climate change laws: expert suggests a way to get corporations on board

Retrieved on: 
星期二, 一月 16, 2024

Ghana has introduced some climate change policies and general environmental regulations but has yet to pass a Climate Change Act.

Key Points: 
  • Ghana has introduced some climate change policies and general environmental regulations but has yet to pass a Climate Change Act.
  • Climate change law expert Kikelomo Kila sets out her findings in a recent paper on why Ghana must not follow the “command and control” regulatory approach.
  • Under the first approach, Ghana mostly relies on the Environmental Protection Agency Act (1994) to regulate climate change matters.
  • The problem with this approach is that climate change impacts are secondary to issues like land use and conservation.
  • The country’s climate change regulator, the National Council on Climate Change, instituted programmes and policies for key emissions sectors.
  • Read more:
    Climate change: 3 key goals Nigeria must focus on at COP28

    Your research paper recommends that Ghana follow an alternative approach to climate change regulation.

  • The government introduced the Climate Change Act 2016 and the Climate Change (Amendment) Act 2023 which combine prescriptive and economic tools.


Kikelomo Kila receives funding from the UK Economic and Social Research Council (ESRC) and the Arts and Humanities Research Council (AHRC).

Understanding Body-Related Data Practices and Ensuring Legal Compliance in Immersive Technologies

Retrieved on: 
星期日, 一月 14, 2024

Organizations are increasingly incorporating immersive technologies like extended reality (XR) and virtual worlds into their products and services, blurring the boundaries between the physical and digital worlds. Immersive technologies hold the potential to transform the way people learn, work, play, travel, and take care of their health, but may create new privacy risks as well. [?]

Key Points: 


Organizations are increasingly incorporating immersive technologies like extended reality (XR) and virtual worlds into their products and services, blurring the boundaries between the physical and digital worlds. Immersive technologies hold the potential to transform the way people learn, work, play, travel, and take care of their health, but may create new privacy risks as well. [?]

70 years after Brown vs. Board of Education, public schools still deeply segregated

Retrieved on: 
星期五, 一月 5, 2024

At the time of the 1954 ruling, 17 U.S. states had laws permitting or requiring racially segregated schools.

Key Points: 
  • At the time of the 1954 ruling, 17 U.S. states had laws permitting or requiring racially segregated schools.
  • With Brown, the justices overturned decades of legal precedent that kept Black Americans in separate and unequal schools.
  • As a professor of education and demography at Penn State University, I research racial desegregation and inequality in K-12 schools.

Recent setbacks

  • The decision followed the COVID-19 pandemic, which exacerbated racial inequalities in the U.S.
  • Meanwhile, politicians and school boards have banned or removed books by authors of color from school libraries and restricted teaching about racism in U.S. history.
  • I believe these legal setbacks amid the current political climate make finally realizing the full promise of Brown more urgent.

Resistance to Brown ruling

  • The Brown vs. Board of Education decision did not immediately change the nation’s public schools, especially in the completely segregated South, where there was massive resistance to desegregation.
  • Resistance was so fierce in the first decade after Brown that compliance with desegregation orders at times required federal troops to escort Black students to enroll in formerly all-white schools.


While only 2% of Southern Black K-12 students attended majority white schools in 1964 – 10 years after Brown – the number had grown to 33% by 1970. The South surpassed all other regions in desegregation progress for Black students.

Segregation persists

  • At the time of Brown, about 90% of students were white and most other students were Black.
  • Today, according to a 2022 federal report, 46% of public school students are white, 28% are Hispanic, 15% are Black, 6% Asian, 4% multiracial and 1% American Indian.
  • Based on my analysis of 2021 federal education data, public schools in 22 states and Washington, D.C., served majorities of students of color.
  • In 2021, approximately 60% of Black and Hispanic public school students attended schools where 75% or more of students were students of color.

Benefits of diversity


While Brown was an attempt to address the inequality that students experienced in segregated Black schools, the harms of segregation affect students of all races. Racially integrated schools are associated with reduced prejudice, enhanced critical thinking or simply building cross-racial friendships that teach children how to work effectively with others.
White students are the least exposed to students of other races and ethnicities, and therefore they often miss out on the benefits of diversity. Nearly half of white public school students attend a school in which white students are 75% or more of the student body.

Factors that exacerbate segregation

  • How those boundaries are drawn or redrawn can exacerbate or alleviate school segregation.
  • A high level of income and racial segregation also exists between neighboring school districts.
  • And district secession – when schools leave an existing school district to form a new district – is linked to higher segregation.
  • One study found that areas with more students enrolled in charter schools were associated with higher school segregation.

Potential solutions

  • For the rest of the country, voluntary integration efforts are attempts to finally achieve the goals of the Brown decision.
  • Finally, since reducing residential segregation could also reduce school segregation, some efforts have combined school desegregation and housing integration policies.


Erica Frankenberg does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.