EU-US Umbrella Agreement finalised

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European Union negotiations with the US government for an international data protection framework agreement in the law enforcement area have been finalised.

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UK Government sets out proposed derogations under GDPR

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The General Data Protection Regulation (GDPR) will automatically come into force across the EU on 25 May 2018. As the deadline fast approaches, Member States are busy progressing their draft implementing legislation. Article 23 of the GDPR provides Member States with discretion over how certain provisions will apply.

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Digital Age of Consent agreed by Irish Government

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News reports have confirmed that on Wednesday 26 July, after a public consultation period on the issue, the Irish Government have agreed to set the digital age of consent at 13 years of age. Article 8 of the General Data Protection Regulation (GDPR) provides that a child under the age of 16 cannot consent to the processing of their personal data without the express consent of their parents.

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Investor Opportunities: China Stock Connect

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Elaine Keane, Asset Management & Investment Funds Partner and Shane Coveney Asset Management & Investment Funds Associate look at the revision and extension of China’s Stock Connect scheme which presents a significant opportunity for investors to establish and use Irish domiciled funds to gain direct exposure to mainland China securities. This article was first published in the 2017 Asia Ireland B

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FATF concludes that Ireland has a sound and substantially effective regime to tackle ML and TF, but could do more

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The FATF mutual evaluation report on Ireland concludes that Ireland has a sound and substantially effective regime to tackle money laundering and terrorist financing, but could do more. The Financial Action Task Force (FATF) published its Mutual Evaluation Report (MER) on Ireland following its assessment of Ireland’s anti-money laundering and counter-terrorist financing (AML/CFT) system.

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