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Newssquare EU Parliament approves controversial EU Copyright Law Directive

On 26 March 2019, after three years of negotiation, the EU Parliament voted in favor of the full implementation of the draft Directive on the harmonization of copyright in the "Digital Single Market" (Proposal for a Directive of the European Parliament and of the Council on copyright and related rights in the Digital Single Market (COM(2016)0593 - C8-0383/2016 - 2016/0280(COD)). The aim of the Directive, which despite considerable concerns and Europe-wide protests was ultimately accepted by a narrow majority, is to ensure fairer remuneration to authors for the use of their works on the Internet, particularly on major platforms such as YouTube, Facebook and Google-News.

Newssquare Poland regulates the legal situation of certain financial market participants after a hard Brexit

The President of Poland signed the Act on the rules of conduct of business of certain financial market entities in relation to the withdrawal of the United Kingdom of Great Britain and Northern Ireland (the "UK") from the European Union without agreement referred to in Article 50 section 2 of the Treaty on European Union (the "Act").

Newssquare GDPR: The Czech Republic has finally adopted National Legislation

On 12 March 2019, the Czech Republic approved a legislation incorporating the provisions of the General Data Protection Regulation ’GDPR’ (Regulation (EU) 2016/679). The Chamber of Deputies approved the final version of the Data Processing Act repealing the previous Act No. 101/2000 Coll. (Personal Data Protection) that was partly inapplicable from the day the GDPR came into force (25 May 2018). Along with the Data Processing Act, minor changes to dozens of statutes concerning personal data processing were also passed.


Newssquare Poland: New Rules for the Filing of Financial Statements for 2018

The Act amending the Polish Accounting Act and the National Court Register Act ("Act") has introduced changes that significantly affect the obligations of entrepreneurs, particularly with regard to the filing of financial statements. In this edition of Wolf Theiss' newsletter, we highlight the most important of these changes and provide you with a practical guide for implementing the new rules in your company.

Newssquare CJEU rules against Croatian Legislation on Retroactive Nullity of Loan Agreements

The Court of Justice of the European Union ("CJEU"), with its recent judgement, has set the course for the Croatian legislator attempting to intervene into existing contractual relationships. On 14 February 2019, the CJEU delivered a judgment concluding that a national law of an EU Member State cannot retroactively invalidate loan agreements that were deemed valid at the moment of execution. This is a rather expected outcome of recent controversial legislative intervention by the Croatian Parliament.

Newssquare Bulgaria: The president vetoes local law implementing the GDPR

After extensive public consultations and parliamentary procedures, on 24 January 2019 the law implementing Regulation (EU) 2016/679 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data and repealing Directive 95/46/EC ("GDPR") into the Bulgarian Personal Data Protection Act ("Implementing Law") was officially adopted by the Bulgarian Parliament. Shortly after, on 4 February 2019, the Bulgarian President vetoed the Implementing Law due to concerns regarding the regulated data processing for journalistic purposes and the purposes of academic, artistic or literary expression.

Newssquare Romania: Wolf Theiss contributes to the release of two new reports on GDPR for the CPC platform

Wolf Theiss together with other qualified legal professionals from more than 30 European countries, contributed to the release of two new reports on GDPR for the CPC network, the largest European information platform explaining data protection laws.

Newssquare Austrian GDPR-Tracker: Data Protection Authority on erasure by way of anonymization

Destruction or anonymization of personal data – an appropriate way to comply with the right to erasure?

The Austrian Data Protection Authority (DPA) has further consolidated its case law on the right to erasure.

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