Latest updates

Importance of IT security measures in banking relationships: clients may bear risk of being hacked
Walder Wyss
  • Tech, Data, Telecoms & Media
  • Switzerland
  • 14 August 2020

The Federal Supreme Court recently issued a ruling addressing the liability of a securities trading company when hackers break into and use a client's email account to send transfer orders. This case is a stark reminder of the importance for anyone using online accounts and online (email) communications to properly secure their IT systems against hackers and other malevolent third parties. In case of any suspicious activity, it is necessary to immediately assess the situation and react accordingly.

Personal data protection under newly issued Civil Code
AnJie Law Firm
  • Tech, Data, Telecoms & Media
  • China
  • 14 August 2020

While the new Civil Code largely restates the existing Chinese laws on privacy and personal information protection, it applies these laws more broadly and makes it easier for individuals to take civil action in relation to breaches. As such, privacy and personal information protection laws are likely to be enforced more often and more broadly in China from 2021 onwards. Companies that process personal information in China should ensure that their existing privacy practices comply with the new Civil Code.

What next for possession proceedings? New PD55C imposes additional requirements on landlords
CMS Cameron McKenna Nabarro Olswang LLP
  • Real Estate
  • United Kingdom
  • 14 August 2020

Civil Procedure Rule (CPR) 55.29 came into force on 25 June 2020 and extended the stay on possession proceedings and enforcement proceedings by way of a writ or a warrant for possession until 23 August 2020. Now, the draft Civil Procedure (Amendment 4) (Coronavirus) Rules 2020 provide for a further amendment to CPR Part 55 to introduce a new temporary practice direction which sets out how claims under that part (including appeals) are to proceed following the expiry of the stay.

Cybersecurity in healthcare sector – Q&A on data breaches in relation to medical devices
Eversheds Sutherland (International) LLP
  • Tech, Data, Telecoms & Media
  • European Union
  • 14 August 2020

The use of connected medical devices has changed the way in which the healthcare sector works. However, the various benefits based on the advance of connected healthcare come with an increased flow of personal data, whether in hospitals or between different market players in the healthcare industry, which has led to an increased risk of cybersecurity incidents and personal data breaches.

Cyprus and Switzerland agree updated double tax treaty
Elias Neocleous & Co LLC
  • Corporate Tax
  • Cyprus
  • 14 August 2020

Cyprus recently agreed an updated double tax treaty (DTT) with Switzerland. The amendments made to the DTT focus on business profits, associated enterprises, mutual agreement procedures and benefit entitlement, and the amending protocol introduces the mandatory minimum standards of the Organisation for Economic Cooperation and Development's Base Erosion and Profit Shifting actions regarding arrangements on bilateral conventions and verbal amendments agreed bilaterally.

Data Protection Authority updates FAQs regarding contact tracing
Ichino Brugnatelli e Associati Studio Legale
  • Tech, Data, Telecoms & Media
  • Italy
  • 14 August 2020

The Data Protection Authority recently updated its FAQs regarding personal data processing in the face of the COVID-19 emergency, providing some important clarifications on contact tracing and medical data processing based on mobile app technology more generally. This article examines the data protection implications of contact tracing apps at national and regional levels, in medical applications and private enterprise.