ESG: The Rising Tide of Regulation
The following is a synopsis of one of the presentations at Eagle Alpha’s ESG roundtable on 20th August 2020.
The following is a synopsis of one of the presentations at Eagle Alpha’s ESG roundtable on 20th August 2020.
Peter Greene and Ben Kozinn of Lowenstein Sandler LLP welcomed the resolution of the City of Los Angeles Vs. The Weather Channel case. The settlement is more robust disclosure by the app provider with respect to its use of geolocation data.
On July 9th, 2020, a House Committee on Consumer Protection and Commerce called for federal privacy legislation to be enacted. Representative McMorris Rogers supported a Committee Staff Discussion Draft from December 2019 and called for bi-partisan support on the issue.
Data provenance is one of the main topics that comes up in all our monthly legal workshops, so we decided to dedicate an entire session to the topic.
On July 16th, 2020, the European Commission launched an antitrust inquiry into the Internet of Things (IoT). The focus of the inquiry is on consumer products and services that “are connected to a network and can be controlled at a distance, for example via a voice assistant or mobile device”.
Organizations that rely on alternative data should ensure that their diligence process includes questions regarding the EU data transfer mechanisms used by the data brokers, and their sources, and obtain contractual assurances that the transfer was legal under all applicable laws.
On July 30th, we hosted a legal webinar discussing web scraping and MNPI issues outside the US.
The new iOS 14 will allow consumers to limit how much location information they have to share and provides users with more options to restrict what information they have to share on apps.
The European Banking Federation is a trade association that represents 32 national banking associations in the EU and EFTA countries. It represents over 3,500 banks and about two million employees. The EBF is the voice of Europe’s banking sector in all regulatory debates at European and global level
The legal battle between HiQ and Microsoft continues, with HiQ filing a brief last week requesting the Supreme Court deny LinkedIn Corp’s petition for a writ of certiorari in the prior Ninth Circuit ruling.
On June 18th 2020, we hosted a legal webinar on FISD's Alternative Data Council. Tracey Shumpert, Vice President of FISD, and Elizabeth Pritchard, Founder, and CEO of White Rock Data Solutions joined us and presented the latest initiatives of the council.
On April 30th 2020, the CNIL published its guidance for “commercial prospecting” practices, i.e. scraping public websites and collecting personal information of individuals in order to sell it on to marketing companies conducting targeting campaigns.