On 22 April 2022, the Commission de Surveillance du Secteur Financier (the "CSSF") published CSSF Circular 22/806 on outsourcing arrangements (the “Outsourcing Circular”).
On 22 April 2022, the Luxembourg financial regulator (the "CSSF") released Circular 22/806 on outsourcing arrangements (the "Circular"). By means of the Circular, the CSSF adopts and integrates the revised EBA Guidelines on outsourcing arrangements (EBA/GL/2019) (the "EBA Guidelines")
On 1 April 2022, the bill implementing the EU directive on copyright and related rights in the Digital Single Market was finally adopted.
On 25 March 2022, the European Commission and the United States announced agreement in principle on a new Trans-Atlantic Data Privacy Framework. This will be welcome news to businesses on both sides of the Atlantic but has some way to go before it becomes a reality.
The Law of 17 December 2021 on electronic communications networks and services ("Law") was published on 22 December 2021 and came into force on 26 December 2021
On the 10th January 2022, Luxembourg’s government introduced a draft law n° 7945 (the “Draft law”) transposing the Directive (EU) 2019/1937 of the European Parliament and of the Council of 23 October 2019 on the protection of persons
On 29 November 2021, the Commission de surveillance du Secteur Financier (the “CSSF”) published a Communiqué entitled “CSSF guidance on virtual assets” as well as an FAQ on “Virtual Assets” which were recently updated on 4 January 2022
The Law of 17 December 2021 on electronic communications networks and services (the "Law") was published on 22 December 2021 and came into force on 26 December 2021. It repeals the former regime set out by the Law of 27 February 2011 on electronic communications networks and services.
The law of 17 December 2021, which implements Directive (EU) 2018/1972 establishing the European Electronic Communications Code (the “EECC”) into Luxembourg law, has just been published and, as a Christmas present, will enter into force next week-end on 26 December 2021
A few months ago, the Irish Data Protection Commission imposed an administrative fine of EUR 225 million on WhatsApp Ireland Limited, declaring the company's data protection notice non-compliant with the General Data Protection Regulation (Regulation (No) 2016/679 or the "GDPR").
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