EU Parliament Backs Privacy Reform, Bashes NSA Spying

Law360, New York (March 12, 2014, 9:28 PM EDT) -- The European Parliament on Wednesday cemented its support for a sweeping overhaul of the bloc's data protection regime that would subject companies to lofty fines for noncompliance and a separate resolution warning that a trade deal with the U.S. was in jeopardy because of concerns over U.S. spying activities.

In a pair of votes, the parliament overwhelmingly backed both a regulation proposed by the European Commission in January 2012 that would unify and strengthen the bloc's data protection regime as well as a resolution endorsed by...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.