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Regulatory Update: NAIC Fall 2020 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Fall 2020 National Meeting (Fall Meeting) December 3-9, 2020. This Sidley Update summarizes the highlights from this meeting in addition to interim meetings that were held during November in lieu of taking place during the Fall Meeting.

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Regulatory Update: NAIC Summer 2018 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2018 National Meeting in Boston, Massachusetts, from August 4 to 7, 2018. This post summarizes the highlights from this meeting. At the Summer Meeting, the Working Group agreed to expose the Trades Letter for a 45-day comment period.

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CIPL and AvePoint Release Global GDPR Readiness Report

Hunton Privacy

Telecommunication and technology companies were the most represented respondents, followed by insurance and financial services companies, as well as pharmaceutical and healthcare companies. and less than half operate in South America and Asia.

GDPR 45
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EU: Binding Corporate Rules are Generating Greater Interest

DLA Piper Privacy Matters

Article 47 GDPR lays down several criteria that BCRs need to meet in order to be approved by a supervisory authority. Groups with BCRs tend to display greater awareness of and resource allocation to data protection and should logically have lower overall risk of infringing GDPR requirements. Following market leaders.

GDPR 40
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Enterprise Architecture and Business Process Modeling Tools Have Evolved

erwin

EA and BP modeling are both critical for risk management and regulatory compliance, a major concern for financial services customers like the one above when it comes to ever-changing regulations on money laundering, fraud and more. The Advantages of Enterprise Architecture & Business Process Modeling from erwin.

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In Times of Rapid Change, Business Process Modeling Becomes a Critical Tool

erwin

This practice identifies and drives digital transformation opportunities to increase revenue while limiting risks and avoiding regulatory and compliance gaffes. Business process modeling is also critical for risk management and regulatory compliance. Try erwin Evolve for yourself in a no-cost, risk-free trial.

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Business Process Modeling Use Cases and Definition

erwin

Business process modeling helps organizations prove what they are doing to meet compliance requirements and understand how changes to their processes impact compliance efforts (and vice versa). The visualization process can aid in an organization’s ability to understand the security risks associated with a particular process.