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New Cybersecurity Directives (NIS2 and CER) Enter into Force

Hunton Privacy

On January 16, 2023, the Directive on measures for a high common level of cybersecurity across the Union (the “NIS2 Directive”) and the Directive on the resilience of critical entities (“CER Directive”) entered into force. Key Takeaways from the NIS2 Directive. A broader scope of application. Reinforced obligations.

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European Commission proposes reinforcement of EU Cybersecurity rules

DLA Piper Privacy Matters

On 16 December 2020, the European Commission adopted a proposal for a Directive on measures for a high common level of cybersecurity across the Union (“NIS II Directive”) that revises the current Directive on Security of Network and Information Systems (“NIS Directive”). Extended scope.

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EU: Binding Corporate Rules are Generating Greater Interest

DLA Piper Privacy Matters

The prevailing trend so far has been to use the Standard Contractual Clauses (“SCCs”) approved by the European Commission to legitimise any personal data transfers from the EU to third countries. For many multinationals this has led to reconsidering their framework for transferring personal data from the EU to third countries.

GDPR 40
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Regulatory Update: NAIC Summer 2021 National Meeting

Data Matters

Among other matters, the revised bond factors establish a more granular rating analysis by expanding the number of bond designation categories from the previous six categories to 20 categories. The National Association of Insurance Commissioners (NAIC) held its Summer 2021 National Meeting (Summer Meeting) August 14-17, 2021.

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Regulatory Update: NAIC Summer 2020 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2020 National Meeting (Summer Meeting) from July 27 to August 14, 2020. As a result of the COVID-19 pandemic, the NAIC held the Summer Meeting in a virtual format, with conference calls taking place over a three-week period.

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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. As a result of the continuing COVID-19 pandemic, the NAIC once again met in a virtual format. Insurance groups will be exempt from filing a GCC if. state regulatory approach to group supervision and group capital; or.