Tag: law & compliance

New EU regulation for data protection

The European Commission has proposed a comprehensive reform of the EU’s 1995 data protection rules to strengthen online privacy rights and boost Europe’s digital economy. Technological progress and globalisation have profoundly changed the way our data is collected, accessed and used. In addition, the 27 EU Member States have implemented the 1995 rules differently, resulting in divergences in enforcement. A single law will do away with the current fragmentation and costly administrative burdens, leading to savings for businesses of around €2.3 billion a year. The initiative will help reinforce consumer confidence in online services, providing a much needed boost to growth, jobs and innovation in Europe.  Read more >

The regulation is still in progress and is scheduled medio 2016. For citizens and businesses it is relevant to become aware of the way personal data in your personal and organisational domain are obtained and shared. In fact is all about cyber security and has for many public organisations an increasing relevance. We think it will become an essential part of public governance.

We recommend EU General Data Protection Regulation State of play and 10 main issues by Lead EP Committee: Committee on Civil Liberties, Justice and Home Affairs (LIBE) Rapporteur: Jan Philipp Albrecht, Greens/EFA

LG tanker to be investigated

EC to investigate whether LG tanker poses risk

The petition questioning the anchoring of the LG tanker at Marsaxlokk has been accepted by the European Parliament and is currently being investigated, MEP Roberta Metsola announced this evening.

The project may run contrary to the provisions of the Seveso Directive, and that the impact on people’s lives, the environment, businesses, fishermen and their boats has not been properly taken into consideration by the government.

Source: Malta Independent

The Seveso Directive  is about prevention, preparedness and response and focused on protecting the environment, health and our economy.

Major industrial accidents involving dangerous chemicals pose a significant threat to humans and the environment. Furthermore such accidents cause huge economic losses and disrupt sustainable growth. However, the use of large amounts of dangerous chemicals is unavoidable in some industry sectors which are vital for a modern industrialised society. To minimise the associated risks, measures are necessary to prevent major accidents and to ensure appropriate preparedness and response should such accidents nevertheless happen. The Seveso Directive is well integrated with other EU policies, thus avoiding double regulation or other administrative burden.This includes following related policy areas:

Insurance Act 2015

The legislation will introduce fundamental reforms, including key changes to the duty to make a fair presentation

When the Insurance Act 2015 comes into force in August 2016, it will introduce fundamental changes to UK insurance contract law. Risk managers will welcome the reforms and are being encouraged to prepare for the changes well in advance of next year. Airmic has urged the insurance market to implement the reforms as soon as possible and some insurers may be willing to apply the new rules to policies incepting or being renewed before August 2016. Read more >

 

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