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COMPETITION LAW MARKETS-BIG DATA: NEW DIRECTIONS BY THE EUROPEAN PARLIAMENT

Posted by  | February 14, 2020 | comments
COMPETITION LAW MARKETS-BIG DATA: NEW DIRECTIONS BY THE EUROPEAN PARLIAMENT

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In order to improve the big data's protection of users surfing the net, the new European regulation concerning antitrust will respond to the principles of "concentration, aggregation and data usage". Thus, in the context of mergers and acquisitions among companies who usually use these sensitive contents, the European Commission will necessarily consider the effects of the extraordinary proceedings upon the consumers and the competitive market balances. The new directives of the European Parlia ... Read More

ARTICLE 46 OF REGULATION No 40/2018: CLARIFICATIONS ON THE APPLICATION OF THIS PROVISION

Posted by  | February 14, 2020 | comments
ARTICLE 46 OF REGULATION No 40/2018: CLARIFICATIONS ON THE APPLICATION OF THIS PROVISION

On January 8, 2020, IVASS published a clarification on the application of Article 46 of Regulation 40/2018.

It is necessary to briefly recall the content of the article in question, according to which, with regard to policies for the organisation, management and control of distribution, companies are required to adopt policies approved by the board of directors, on the basis of which they adopt internal procedures aimed at ensuring compliance with professional and organisational requirements, the correct assumption and management of risks, as well as compliance with the rules of conduct, in view of co ... Read More

CYBER-INSURANCE: IT IS GROWING THE PERCEPTION OF THE RISK OF CYBER ATTACKS

Posted by  | February 14, 2020 | comments
CYBER-INSURANCE: IT IS GROWING THE PERCEPTION OF THE RISK OF CYBER ATTACKS

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According to estimates by the Regional Risks for Doing Business 2019, the annual report produced by the World Economic Forum, there is a growing concern among entrepreneurs and companies to suffer for cybernetic attacks. Such concern ranks second in the world ranking of risks perceived by economic operators, and it even rises to first place in the European ranking.It has relevant consequences in the insurance field, as a very dynamic market is being created both on the demand side by companies ... Read More

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