For many years the U.S. Foreign Corrupt Practices Act has been the dominant antibribery regulation affecting multinational companies. More recently, the UK Bribery Act of 2010 has been in the spotlight, with a broader jurisdictional reach and subject matter scope. Complying with these and other antibribery laws often requires companies with global operations to transfer data across borders. Meanwhile, data privacy regulations have been enacted in many jurisdictions, particularly countries in the European Union. The privacy laws continue to evolve, and proposed new E.U. data protection regulations are currently under review. Complying with both antibribery laws and data protection regulations can be challenging, as they at times appear to be in conflict with each another. Failure to comply with current E.U. requirements could result in significant monetary fines, criminal penalties, and an outright ban against the transfer of personal data outside of the E.U., making it even more critical that companies correctly navigate the requirements of both sets of laws.
To view this content, please continue to Lexis Advance®.
Not a Lexis Advance® Subscriber? Subscribe Now
LexisNexis® is now the exclusive third party online distributor of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® customers will be able to access and use ALM's content by subscribing to the LexisNexis® services via Lexis Advance®. This includes content from the National Law Journal®, The American Lawyer®, Law Technology News®, The New York Law Journal® and Corporate Counsel®, as well as ALM's other newspapers, directories, legal treatises, published and unpublished court opinions, and other sources of legal information.
ALM's content plays a significant role in your work and research, and now through this alliance LexisNexis® will bring you access to an even more comprehensive collection of legal content.
For questions call 1-877-256-2472 or contact us at email@example.com