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July 9 – 13, 2019

InfoGovNuggets

. “ FTC Approves Roughly $5 Billion Facebook Settlement ,” The Wall Street Journal , July 13, 2019 (online). Violation of prior consent order involving user privacy leads to big fine and additional controls. Privacy, Governance. s Reckitt ,” The Wall Street Journal , July 12, 2019 (online).

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2019 end-of-year review part 1: January to June

IT Governance

A royal baby, a fire at Notre-Dame, the highest grossing film of all time and more than 12 billion breached data records: 2019 has been quite a year. IT Governance is closing out the year by rounding up 2019’s biggest information security stories. million people – just under a third of the country’s population.

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Cryptoassets and Smart Contracts – UK Offers Legal Clarity

Data Matters

On November 18, 2019, the UK Jurisdiction Taskforce, which is part of The English Law Society’s LawTech Delivery Panel , published its Legal Statement on the status of cryptoassets and smart contracts (the Legal Statement). 9 “ESMA Advice: Initial Coin Offerings and Crypto-Assets,” January 9, 2019. 1 Available at [link].

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Cryptoassets and Smart Contracts – UK Offers Legal Clarity

Data Matters

On November 18, 2019, the UK Jurisdiction Taskforce, which is part of The English Law Society’s LawTech Delivery Panel , published its Legal Statement on the status of cryptoassets and smart contracts (the Legal Statement). 9 “ESMA Advice: Initial Coin Offerings and Crypto-Assets,” January 9, 2019. 1 Available at [link].

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Regulatory Update: NAIC Summer 2021 National Meeting

Data Matters

Moody’s Analytics, in collaboration with the American Council of Life Insurers, developed the revised bond factors, which are based on more recent historical data, as the data on which the prior factors were based was approximately 30 years old. The Mutual Recognition of Jurisdictions (E) Working Group will evaluate non-U.S.

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Regulatory Update: NAIC Summer 2018 National Meeting

Data Matters

NAIC Continues its Evaluation of Insurers’ Use of Big Data . The NAIC is also considering insurers’ use of big data in underwriting life insurance products. The Big Data (EX) Working Group heard a presentation from LIMRA regarding how insurers are utilizing consumer data in underwriting life insurance products.