GDPR and Credit Rating

The State Commissioner for Data Protection and Freedom of Information in Germany ('LfDI Baden-Württemberg') on 5 June 2020, on the basis of GDPR, has issued 'the Guidance' on data privacy requirements for Credit Rating Agencies. The guidance has been issued in response to the amount of complaints received by the authority with respect to processing [...]

Dubai enacts new Data Protection Law

Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai, and Vice President and Prime Minister of the United Arab Emirates, enacted the Dubai International Financial Center (DIFC) Data Protection Law No.5 of 2020. As known, Dubai is considered as an important international trade center for the entire Middle East, Africa and South Asia. DIFC in [...]