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Wirecard – has the German financial regulator lost its immunity?

The German regulator BaFin is being sued for abuse of authority following one of the biggest fraud scandals of the decade with German payment processor, Wirecard AG, filing for insolvency owing €3.5bn and its chief executive arrested on suspicion of accounting fraud and market manipulation. This article explores the situation and considers the need for change.

Making an impact – The value of a data protection impact assessment

COVID-19 has prompted many businesses to re-assess the way that they work. Working from home for an extended period, adjustments to office space to enable social distancing and the introduction of measures to minimise health risks to employees are challenges faced by the majority of businesses. One aspect of addressing these challenges which may be forgotten is the impact on data protection. Raj Shah looks at the value of a Data Protection Impact Assessment.

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Second magic circle firm signs up for Eigen Tech

Allen & Overy (A&O) has signed up to include AI platform Eigen Technologies in its tech apparatus, as firms’ investments in external providers are increasingly on the rise. The magic circle firm made the decision after a pilot that saw partners trialing potential uses for the platform, which will be adopted to conduct reviews and analysis on […]

Italian firm braced for split ahead of Bonelli merger talks

BonelliErede’s potential merger with a litigation-focused firm has met a stumbling block, The Lawyer understands, with one of the target’s offices eyeing a move away to another Italian powerhouse. As discussions between BonelliErede and local law firm Lombardi Segni continue, sources with knowledge of the negotiations said corporate partner Antonio Segni and his Rome-based team are understood […]

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