September Edition 2019

31 From One Desk to Another Israel Desks News Update in Respect of Data Protection in the Cayman Islands - Walkers The Cayman Islands Data Protection Law, 2017 (“DPL”) is in effect as of 30 September 2019. The Office of the Ombudsman has issued a Guide for Data Controllers which aims to explain how the Ombudsman interprets certain provisions of the DPL. This advisory provides a brief summary of key documentary requirements in relation to the DP L. Read more. Seven lessons on insolvency for incoming trustees from the Z Trusts litigation - Walkers Many readers will have heard about the Z Trust litigation in Jersey, which has implications for trustees in the event that the trusts that they work with becoming insolvent. The detailed judgments on the case are an intimidating read, but this brief note aims to provide some practical guidance on the implications of the findings for anyone considering taking on the trusteeship of an existing trus t. Read more. Breach and cyber incident reporting: disclosure challenges for public companies - DLA Piper One of the big corporate governance-related stories last month was the settlement agreement between the Securities and Exchange Commission (SEC) and Facebook Inc. arising from the misuse of Facebook user data and disclosures in Facebook’s public filings. The settlement was the most high- profile recent development in the realm of public company cybersecurity and cyber disclosure – but it was far from the only one we’ve seen in the news latel y . Read more. Accredited investors: the basics Part 1: What is an accredited investor? - DLA Piper If you’ve ever raised money by selling securities, it’s likely that you’ve encountered the term “accredited investor.” If you haven’t, it’s never too early to enrich your understanding. Knowing the ins and outs of accredited investors is fundamental to any business hoping to raisemone y. Readmore. IsraelDesks News from Around the Globe Provided by IsraelDesks Platinum Member Firms. 01