News

42
February 25, 2019

Towards the end of January 2019, Bulgaria’s legislature adopted the EU’s GDPR regulation, but was subsequently overruled by the Bulgarian President. The President exercised his veto right on the grounds that the legislation did not go far enough to address concerns regarding data processing for journalistic purposes and the purposes of academic, artistic or literary expression. Veto’s background The EU’s GDPR grants legislative discretion to EU States in the area of data processing for journalistic, academic, artistic, or literary purposes….

December 15, 2018

In early November, the Austrian Data Protection Authority issued a directive that data processing operations in all cases requires a data protection impact assessment (DPIA). Under Europe’s new General Data Protection Regulation (GDPR), DPIA is required during data collection. The Austrian rule changes are bringing effect to GDPR into the national regime. Please note that failure to carry out a DPIA can result in fines up to EUR 10m or 2% of worldwide annual turnover. DPIA Examples Some examples include:…

September 19, 2018

Recently in August, Germany moved forward with a proposal directed against VAT avoidance relating to supplies of goods with a German nexus over online marketplaces. The bills expected to pass parliament in late fall and become effective as of January 1, 2019. Key elements entail: operators of online marketplaces shall be obliged to fulfil new documentation duties regarding providers of goods;  documentation requirements shall apply to any goods that touch Germany – if the shipment starts or ends in Germany;…

August 15, 2018

In the wake of GDPR, Poland has adopted a number of measures related to employee monitoring. Enshrined in the Polish Labor Code, there are a number of issues one should be aware of now when carrying on business in Poland. Video monitoring An employer can now utilise video monitoring only when it is considered necessary for furthering employee safety, property protection, production supervision and ensuring the confidentiality of information. Utilization is allowed in places of work; whereas monitoring is forbidden…

May 25, 2018

Bulgaria is set to introduce certain changes to the application of the EU General Data Protection Regulation (GDPR). Bulgaria’s government has announced that it will legislate additional protocols to that exisitng under GDPR. Areas to be effected include employment, the role of GDPR or data protection officers (DPOs) and data protection impact assessments. Regarding DPOs, Bulgaria-based businesses would be required to designate a DPO if they process the personal data of more than 1…0,000 individuals. In addition, specific corporate rules…

July 14, 2016

An important amendment to the Assessment and Collection of Taxes Law (N.4/1978) in Cyprus is currently under consideration by the Council of Ministers regarding automatic exchange of information. More specifically, the proposed amendment aims at regulating the conditions under which the Cypriot Tax Commissioner may disclose information on any person with a view to complying with agreements for automatic exchange of information between Cyprus and other countries (both EU and non-EU countries). While the notion of automatic exchange of information…

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42
February 25, 2019

Towards the end of January 2019, Bulgaria’s legislature adopted the EU’s GDPR regulation, but was subsequently overruled by the Bulgarian President. The President exercised his veto right on the grounds that the legislation did not go far enough to address concerns regarding data processing for journalistic purposes and the purposes of academic, artistic or literary expression. Veto’s background The EU’s GDPR grants legislative discretion to EU States in the area of data processing for journalistic, academic, artistic, or literary purposes….

December 15, 2018

In early November, the Austrian Data Protection Authority issued a directive that data processing operations in all cases requires a data protection impact assessment (DPIA). Under Europe’s new General Data Protection Regulation (GDPR), DPIA is required during data collection. The Austrian rule changes are bringing effect to GDPR into the national regime. Please note that failure to carry out a DPIA can result in fines up to EUR 10m or 2% of worldwide annual turnover. DPIA Examples Some examples include:…

September 19, 2018

Recently in August, Germany moved forward with a proposal directed against VAT avoidance relating to supplies of goods with a German nexus over online marketplaces. The bills expected to pass parliament in late fall and become effective as of January 1, 2019. Key elements entail: operators of online marketplaces shall be obliged to fulfil new documentation duties regarding providers of goods;  documentation requirements shall apply to any goods that touch Germany – if the shipment starts or ends in Germany;…

August 15, 2018

In the wake of GDPR, Poland has adopted a number of measures related to employee monitoring. Enshrined in the Polish Labor Code, there are a number of issues one should be aware of now when carrying on business in Poland. Video monitoring An employer can now utilise video monitoring only when it is considered necessary for furthering employee safety, property protection, production supervision and ensuring the confidentiality of information. Utilization is allowed in places of work; whereas monitoring is forbidden…

May 25, 2018

Bulgaria is set to introduce certain changes to the application of the EU General Data Protection Regulation (GDPR). Bulgaria’s government has announced that it will legislate additional protocols to that exisitng under GDPR. Areas to be effected include employment, the role of GDPR or data protection officers (DPOs) and data protection impact assessments. Regarding DPOs, Bulgaria-based businesses would be required to designate a DPO if they process the personal data of more than 1…0,000 individuals. In addition, specific corporate rules…

July 14, 2016

An important amendment to the Assessment and Collection of Taxes Law (N.4/1978) in Cyprus is currently under consideration by the Council of Ministers regarding automatic exchange of information. More specifically, the proposed amendment aims at regulating the conditions under which the Cypriot Tax Commissioner may disclose information on any person with a view to complying with agreements for automatic exchange of information between Cyprus and other countries (both EU and non-EU countries). While the notion of automatic exchange of information…

42
February 25, 2019

Towards the end of January 2019, Bulgaria’s legislature adopted the EU’s GDPR regulation, but was subsequently overruled by the Bulgarian President. The President exercised his veto right on the grounds that the legislation did not go far enough to address concerns regarding data processing for journalistic purposes and the purposes of academic, artistic or literary expression. Veto’s background The EU’s GDPR grants legislative discretion to EU States in the area of data processing for journalistic, academic, artistic, or literary purposes….

December 15, 2018

In early November, the Austrian Data Protection Authority issued a directive that data processing operations in all cases requires a data protection impact assessment (DPIA). Under Europe’s new General Data Protection Regulation (GDPR), DPIA is required during data collection. The Austrian rule changes are bringing effect to GDPR into the national regime. Please note that failure to carry out a DPIA can result in fines up to EUR 10m or 2% of worldwide annual turnover. DPIA Examples Some examples include:…

September 19, 2018

Recently in August, Germany moved forward with a proposal directed against VAT avoidance relating to supplies of goods with a German nexus over online marketplaces. The bills expected to pass parliament in late fall and become effective as of January 1, 2019. Key elements entail: operators of online marketplaces shall be obliged to fulfil new documentation duties regarding providers of goods;  documentation requirements shall apply to any goods that touch Germany – if the shipment starts or ends in Germany;…

August 15, 2018

In the wake of GDPR, Poland has adopted a number of measures related to employee monitoring. Enshrined in the Polish Labor Code, there are a number of issues one should be aware of now when carrying on business in Poland. Video monitoring An employer can now utilise video monitoring only when it is considered necessary for furthering employee safety, property protection, production supervision and ensuring the confidentiality of information. Utilization is allowed in places of work; whereas monitoring is forbidden…

May 25, 2018

Bulgaria is set to introduce certain changes to the application of the EU General Data Protection Regulation (GDPR). Bulgaria’s government has announced that it will legislate additional protocols to that exisitng under GDPR. Areas to be effected include employment, the role of GDPR or data protection officers (DPOs) and data protection impact assessments. Regarding DPOs, Bulgaria-based businesses would be required to designate a DPO if they process the personal data of more than 1…0,000 individuals. In addition, specific corporate rules…

July 14, 2016

An important amendment to the Assessment and Collection of Taxes Law (N.4/1978) in Cyprus is currently under consideration by the Council of Ministers regarding automatic exchange of information. More specifically, the proposed amendment aims at regulating the conditions under which the Cypriot Tax Commissioner may disclose information on any person with a view to complying with agreements for automatic exchange of information between Cyprus and other countries (both EU and non-EU countries). While the notion of automatic exchange of information…

42
February 25, 2019

Towards the end of January 2019, Bulgaria’s legislature adopted the EU’s GDPR regulation, but was subsequently overruled by the Bulgarian President. The President exercised his veto right on the grounds that the legislation did not go far enough to address concerns regarding data processing for journalistic purposes and the purposes of academic, artistic or literary expression. Veto’s background The EU’s GDPR grants legislative discretion to EU States in the area of data processing for journalistic, academic, artistic, or literary purposes….

December 15, 2018

In early November, the Austrian Data Protection Authority issued a directive that data processing operations in all cases requires a data protection impact assessment (DPIA). Under Europe’s new General Data Protection Regulation (GDPR), DPIA is required during data collection. The Austrian rule changes are bringing effect to GDPR into the national regime. Please note that failure to carry out a DPIA can result in fines up to EUR 10m or 2% of worldwide annual turnover. DPIA Examples Some examples include:…

September 19, 2018

Recently in August, Germany moved forward with a proposal directed against VAT avoidance relating to supplies of goods with a German nexus over online marketplaces. The bills expected to pass parliament in late fall and become effective as of January 1, 2019. Key elements entail: operators of online marketplaces shall be obliged to fulfil new documentation duties regarding providers of goods;  documentation requirements shall apply to any goods that touch Germany – if the shipment starts or ends in Germany;…

August 15, 2018

In the wake of GDPR, Poland has adopted a number of measures related to employee monitoring. Enshrined in the Polish Labor Code, there are a number of issues one should be aware of now when carrying on business in Poland. Video monitoring An employer can now utilise video monitoring only when it is considered necessary for furthering employee safety, property protection, production supervision and ensuring the confidentiality of information. Utilization is allowed in places of work; whereas monitoring is forbidden…

May 25, 2018

Bulgaria is set to introduce certain changes to the application of the EU General Data Protection Regulation (GDPR). Bulgaria’s government has announced that it will legislate additional protocols to that exisitng under GDPR. Areas to be effected include employment, the role of GDPR or data protection officers (DPOs) and data protection impact assessments. Regarding DPOs, Bulgaria-based businesses would be required to designate a DPO if they process the personal data of more than 1…0,000 individuals. In addition, specific corporate rules…

July 14, 2016

An important amendment to the Assessment and Collection of Taxes Law (N.4/1978) in Cyprus is currently under consideration by the Council of Ministers regarding automatic exchange of information. More specifically, the proposed amendment aims at regulating the conditions under which the Cypriot Tax Commissioner may disclose information on any person with a view to complying with agreements for automatic exchange of information between Cyprus and other countries (both EU and non-EU countries). While the notion of automatic exchange of information…