- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
The U.S. Federal Trade Commission this month brought its first cases enforcing the EU-U.S. Privacy Shield, which was put in place last year to replace the U.S.-EU Safe Harbor framework.
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Four companies have reached settlements with the Federal Trade Commission for allegedly misrepresenting their participation in the EU-U.S. Privacy Shield framework.
The Federal Trade Commission is warning over a dozen companies in the form of letters not to falsely claim participation in the EU-U.S. Privacy Shield program.
Portuguese bank Novo Banco, S.A., fired Chief Risk Officer Carlos Jorge Ferreira Brandão “with just cause” after an internal probe discovered “suspicious financial transactions” in his sphere.
