Insights
New Class Actions Act In Slovenia Brings Some Novelties
At the end of April 2018, a new Class Actions Act will enter into force, systematically regulating class actions, that are already known in Slovenian legal system, however never fully brought to life.
The ClassActionsActregulatesareasinwhichclassactioncanbefiledincaseswhenrightsare violatedorhaveanegativeimpactonalargenumberofentities. Provisions governing procedural aspectsingreaterdetail, introduceintolegalorderoftheRepublicofSlovenia somenovelties thathavenotbeenknownbefore.AttheendofApril,...
Desislava Krusteva and Martin Zahariev, Phd, Published in TITA Magazine
Articles of Desislava Krusteva, head of the Privacy Data Protection Practice at Dimitrov, Petrov & Co., and of Martin Zahariev, PhD, also on the team of the law firm, appeared in the 100th issue of TITA online magazine.
Desislava Krusteva’s publication highlights the basic principles in personal data protection according to the GDPR, while Martin Zahariev, PhD, discusses citizens’ rights concerning personal data protection again in the light of the new Regulation.To read the articles click here:http://www.dpc.bg/p/...
New law on prevention of money laundering and financing of terrorism in Serbia
The main reasons for the adoption of this new piece of legislation, which will start to apply from 1 April 2018, are improvement of the existing system and harmonization with the international standards in this area. Below are some of the most significant novelties.
Obligation of risk assessmentA novelty in relation to the previous law is the relevant person’s duty to conduct the risk assessment in relation to the entire business, in order to determine the level of vulnerability to money laundering and terrorist financing misuse. Risk assessment must be ...
Data Protection Officer
The Data Protection Officer (DPO) is a new figure introduced by the GDPR in order to assist organisations in managing personal data protection. DPO is supposed to be the “person in charge’ regarding all personal data protection issues within the undertaking – from providing clarifications and advice to employees and management body, through control of data processing activities, to functioning as the contact point for both the supervisory authorities and the data subjects whose personal data are being processed.
While under the current regime, the undertakings have been given the opportunity, at their discretion, to appoint the so called „Data Protection Official”, under GDPR for first time the designation of a “person in charge” of personal data protection becomes mandatory for the organizations (personal ...
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