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Latest on risk management, professional indemnity and compliance issues.
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August 7, 2020
Guidance from the National Cyber Security Centre on cyber insurance
See here.
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August 6, 2020
JMLSG guidance on pooled client accounts (following the consultation in May 2020)
See here.
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August 4, 2020
Armstrong v Berrymans Lace Mawer LLP & Anor [2020] EWHC 2064 (Ch)
Decision on the right to documents where joint privilege applies.
See here.
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August 3, 2020
Basel AML Index: 9th Public Edition
The Index ranks money laundering and terrorist financing risks around the world.
See here.
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July 28, 2020
Information Commissioner’s Office: Updated statement on the judgment of the European Court of Justice in the Schrems II case
This also contains a link to the European Data Protection Board (EDPB) Frequently Asked Questions on the judgment of the Court of Justice of the European Union in Case C-311/18 – Data Protection Commissioner v Facebook Ireland Ltd and Maximillian Schrems.
See here.
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July 24, 2020
The Sedona Conference Commentary on Law Firm Data Security
This new publication includes model clauses for engagement letters and a sample law firm information security questionnaire, see here.
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July 22, 2020
The Road to Recovery Webinar: Watch on demand
In partnership with Howden we delivered a series of live webinars to discuss ‘The Road to Recovery’ for law firms.
In this two-part series, we provide information and guidance on how law firms can manage and adapt to the challenges of the Covid-19 pandemic, and its impact on the PII market.
The Road to Recovery: Part 1
7th July 2020Jenny Screech, Howden – An update on the Solicitors’ PII market and the impact of Covid-19
Francis Dingwall, Legal Risk LLP – Managing client and claims risks (Part 1)
Frank Maher, Legal Risk LLP – Managing financial and business risks (Part 1)
Watch part 1 here.
The Road to Recovery: Part 2
21st July 2020Jenny Screech, Howden – An update on the Solicitors’ PII market and the impact of Covid-19
Francis Dingwall, Legal Risk LLP – Managing client and claims risks (Part 2)
Frank Maher, Legal Risk LLP – Managing financial and business risks (Part 2)
Watch part 2 here.
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July 21, 2020
Information Commissioner’s Annual Report 2019-20
See here.
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July 16, 2020
Data Protection Commissioner v Facebook Ireland and Maximillian Schrems
Judgment of the Court of Justice of the European Union in Case C-311/18.
The Court of Justice has invalidated Decision 2016/1250 on the adequacy of the protection provided by the EU-US Data Protection Shield. However, of considerable practical significance, it considered that Commission Decision 2010/87 on standard contractual clauses for the transfer of personal data to processors established in third countries is valid.
See here.
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July 15, 2020
Guide for audit and risk committees on financial reporting and management during Covid-19
National Audit Office Guide for audit and risk committees on financial reporting and management during Covid-19, see here.
