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15/05/2024
Six years of GDPR: Europe-wide analysis shows increasingly dynamic sanction...
Highest GDPR fine of 1.2 billion euros imposed by the Irish data protection authority in May 2023 for a breach of the rules on international data transfers. Further fines imposed by this authority in 2023 amounted to hundreds of millions of euros. The main violations are “Insufficient legal basis for data processing” and “Failure to comply with the general principles of data processing”. The next most common violation is “Insufficient technical and organizational measures to ensure information security”. Spain tops the list of countries with the most fines for the fifth year in a row, followed by Italy and Romania. Ireland, Luxembourg and France have the highest average fines and total amounts per country. Berlin – Today, international law firm CMS has published the fifth edition of its annual Enforcement Tracker Report. The English-language report shows the developments of all publicly known GDPR fines based on CMS's own online database, GDPR Enforcement Tracker. The current edition of the report covers the analysis period between March 2023 and March 2024. 510 fines were added for the past year as of the editorial deadline on 1 March 2024. This brings the total number of data protection fines since the GDPR came into effect in May 2018 to 2,225, or 2,086 if only fines with full details such as the amount of the fine, date and authority are counted. The total amount of fines since the start of the survey is around 4.5 billion euros. This means that fines of around 1.7 billion euros have been added compared to last year’s Enforcement Tracker Report. This shows that authorities are no longer shying away from imposing high fines. The average fine for the entire reporting period was around 2.1 million euros - with high fines against “big tech” companies in 2021/22 and the first fine in the billions in 2023 having a particularly heavy impact.“At the top of the list of GDPR fine triggers is, once again, insufficient legal basis and non-compliance with the general data processing principles as well as insufficient technical and organisational measures. Companies should pay particular attention to this,” says Christian Runte, lawyer and partner at the international commercial law firm CMS Germany. Dr Alexander Schmid from the Enforcement Tracker team at CMS Germany adds: “In addition to data protection authorities, the courts have also increasingly dealt with the interpretation of the GDPR. For example, the Court of Justice of the European Union has further clarified the scope of data subjects' right of access. “These rulings create more clarity, but at the same time tighten the requirements for companies, which is why, in addition to a viable compliance concept, current developments will also be decisive for them in practice in the future.”Read the full Enforcement Tracker Report here; a summary can be found here. Pressekon­takt presse@cms-hs. com
11/04/2024
CMS signs global partnership with leading legal GenAI vendor Harvey
CMS signs global partnership with leading legal GenAI vendor Har­vey­In­ter­na­tion­al law firm CMS has entered into a global partnership with Harvey, one of the world’s leading generative AI (GenAI) platforms...
27/03/2024
CMS Francis Lefebvre and Taylor Wessing advise McWin and Subway® respectively
CMS Francis Lefebvre and Taylor Wessing advise McWin and Subway® respectively on partnership to expand Subway® franchise network in France, Belgium, Luxembourg and the Czech RepublicSubway® has almost...
20/03/2024
CMS Francis Lefebvre advises Conforama Holding
CMS Francis Lefebvre advises Conforama Holding on the sale of two operating companies in Spain and Portugal. CMS Francis Lefebvre advised Conforama Holding, a major player in the home furnishings and...
18/03/2024
CMS Francis Lefebvre advised SharkNinja
CMS Francis Lefebvre advised SharkNinja on the negotiation of a commercial lease agreement for its new offices in Paris. SharkNinja, an international company listed on the New York Stock Exchange, specializes...
07/02/2024
CMS Francis Lefebvre advises the Primonial Group
CMS Francis Lefebvre advises the Primonial Group on Crystal’s bid for Primonial Ingénierie & Développement (PID). CMS Francis Lefebvre has advised the Primonial Group in its negotiations with Crystal...
23/01/2024
First US private placement under Belgian law for Interparking
First US private placement under Belgian law for Interparking: CMS advises Pricoa Private Capital on the deal Interparking, a leading European car park operator, has successfully issued its first US private...
28/11/2023
CMS launches International Digital Regulation Hub providing a clear roadmap...
All businesses should be prepared to grasp the opportunities in digital regulation 
17/11/2023
Bertrand Sénéchal joins CMS Francis Lefebvre as a partner
CMS Francis Lefebvre announces the arrival of Bertrand Sénéchal as a partner to strengthen its Equity Capital Markets (ECM) practice. Bertrand Sénéchal provides his recognized expertise in equity...
16/10/2023
Appointment of Nawel Belabdelouahab as Counsel
Nawel Belabdelouahab joins the Real Estate Law De­part­ment de­part­ment of CMS Francis Lefebvre as Counsel CMS Francis Lefebvre continues to reinforce its Real Estate practice with the appointment of Nawel...
04/10/2023
CMS posts strong results for 2022
Global law firm CMS has today announced revenues for the financial year January-December 2022 of 1.862 billion euros, representing a year-on-year growth rate of 6.2%. The firm achieved this growth despite...
19/09/2023
Appointment of François Poirier as Counsel
François Poirier joins CMS Francis Lefebvre's Banking & Finance team as Counsel specialized in real estate finance. His appointment is part of the Banking & Finance dynamic to strengthen its real estate...