Europe: EU / UK regulatory roundup
A round up of recent regulatory developments in the EU and UK.
Businesses face an increasingly complex framework of established and evolving legislation and regulations concerning civil, criminal and regulatory risks.
Our Regulatory, compliance and investigations hub on NRF Institute provides clients with access to the latest news and insights to help them navigate the legal, procedural, governance and reputational aspects of regulatory and compliance issues, investigations and litigation worldwide.
To request access to the 'Regulatory, compliance and consulting hub', please register to join NRF Institute.
Registration indicates acceptance of the terms and conditions which include important information about how our product will be delivered.
Members of the NRF Institute can access a range of premium content including knowledge hubs and cross-border guides.
On July 16, 2020, the Court of Justice of the European Union (CJEU) published its decision in the landmark case Data Protection Commissioner v Facebook Ireland Ltd, Maximilian Schrems and intervening parties, Case C-311/18 (known as the Schrems II case).
On July 7, 2020, the Commission de Surveillance du Secteur Financier (CSSF) issued an FAQ document on Circular 02/77 concerning the protection of investors in case of NAV calculation errors and the correction of the consequences resulting from non-compliance with the investment rules applicable to undertakings for collective investment (the FAQ).