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Global rules on foreign direct investment (FDI)
Cross-border acquisitions and investments increasingly trigger foreign direct investment (FDI) screening requirements.
Global | Publication | December 2017
A “game-changing” new General Data Protection Regulation (GDPR) comes into force across the EU, including the UK, in May 2018 - less than six months away.
The GDPR will govern the use of personal data - any information that relates to or could identify an individual - by all companies operating in the European Economic Area (EEA), as well as non-EEA based companies that provide services to EU citizens.
The GDPR introduces a number of new concepts and obligations including:
Failure to comply could lead to a maximum fine of 4 per cent of global turnover or €20 million, whichever is higher.
The impact on businesses that collect, use or otherwise process personal data will be considerable and significant, not least in a real estate context where such data is used for property and portfolio management purposes as well as marketing.
Bear in mind too that GDPR will extend to data held in relation to an organisation’s own workforce, including contractors.
For further information please contact Sian Skerratt-Williams or your usual contact at Norton Rose Fulbright.
Publication
Cross-border acquisitions and investments increasingly trigger foreign direct investment (FDI) screening requirements.
Publication
Artificial intelligence (AI) raises many intellectual property (IP) issues.
Publication
On 21 November 2023 and following extensive consultation periods, the amendment to the Climate Delegated Act (Delegated Regulation (EU) 2021/2139 of 4 June 2021) (the Climate Delegated Act) was formally adopted by the European Commission and published in the EU Official Journal (Delegated Regulation (EU) 2023/2485 of 27 June 2023) (the Climate Delegated Act Amendment).
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