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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Kyle Brasseur2023-12-05T21:29:00
A German property company’s court win regarding a penalty levied against it for alleged violations of the General Data Protection Regulation (GDPR) carries notable ramifications for enforcement of the EU privacy law.
The Court of Justice of the European Union (CJEU) ruled Tuesday on a case related to a penalty of 14.5 million euros (U.S. $15.7 million) initially levied against Deutsche Wohnen by the Berlin Data Protection Commissioner in 2019 for alleged violations of the GDPR regarding retention of tenant data for longer than necessary. That penalty was reversed in 2021 after a Berlin regional court found that, under German law, the company could not be held responsible for violating the GDPR unless blame could be attached to a specific individual or executive.
An appeal of that determination prompted the involvement of the CJEU, which held “a data controller may not have an administrative fine imposed on it for an infringement of the GDPR unless that infringement was committed wrongfully; that is to say, intentionally or negligently.”
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News and analysis for the well-informed compliance or audit exec. Select an option and click continue.
Annual Membership $499 Value offer
Full price one year membership with auto-renewal.
Membership $599
One-year only, no auto-renewal.
2024-02-05T19:38:00Z By Kyle Brasseur
Ride-hailing company Uber Technologies was assessed a penalty of €10 million (U.S. $11 million) by the Dutch Data Protection Authority for alleged privacy rights violations regarding the handling of European drivers’ personal data.
2023-12-15T18:25:00Z By Neil Hodge
The idea companies can be held “strictly liable” for violations of the European Union’s privacy rules was shot down, following a judgment from Europe’s top court relating to a case involving German property company Deutsche Wohnen.
2021-08-19T13:03:00Z By Neil Hodge
Experts weigh in on the results of a report from the European Data Protection Board showing which countries have seen the most GDPR fines annulled or modified following court appeal.
2024-11-20T18:15:00Z By Aaron Nicodemus
A bank examiner and senior manager at the Federal Reserve Bank of Richmond pled guilty to insider trading after allegedly misappropriating confidential information on seven banks to make profitable trades.
2024-11-19T21:05:00Z
New York-based investment firm Drexel Hamilton will pay more than $1.1 million in penalties, with four current and former employees paying fines as well over committing hundreds of violations of rules regarding the sale of municipal bonds.
2024-11-19T19:26:00Z By Aaron Nicodemus
A publicly traded cryptocurrency mining company will pay $10 million and completely change its business model to one with “lower corruption risk” as part of a settlement over violations of the Foreign Corrupt Practices Act (FCPA), two regulators announced.
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