Data Protection Update — January 2014: EU regulation
European justice ministers have still not come to an agreement on the ‘one-stop-shop’ mechanism due to differing legal arguments.
In October, Stephenson Harwood outlined the concept of a ‘lead authority’ that would regulate a data processor or controller, consulting with other competent authorities to reach a decision. However, in a meeting in Brussels of the justice ministers on 6 December 2013, ministers struggled to decide whether it should be the territory in which the breach occurred or where the infringing company is based that dictates who shall be the lead data protection authority (or whether a ‘co-decision’ model be adopted, as favoured by France) and these polarised views meant that no decision could be made…
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Companies that have uncovered potential liability for economic crimes now have the opportunity to avoid criminal prosecution by seeking a deferred prosecution agreement in the UK.
Stephenson Harwood hosted a seminar titled ‘Legal risk management: managing for success’ on 25 February 2014. Here is a summary of the panel discussion that took place.