Lebanese Banks To Comply With EU GDPR
On September 13, 2018 the Governor of Banque du Liban, Mr. Riad Toufic Salamé, has issued the Decision No. 12872 in connection to the Basic Circular No. 146 and regarding European General Data Protection Regulation (GDPR).
The Data Protection Series: #2 Codes of conduct and Cloud Services
The lack of data protection legal framework in Lebanon does not prevent businesses from needing to comply with data protection principles.
Lebanon and its first AEOI
In September 2018 the Automatic Exchange of Information (AEOI) has begun between Lebanon and other current reportable jurisdiction, among which Italy, France, and Belgium. All Lebanese financial institutions have been collected information since 2017 about their clients’ accounts according to the OECD standards. The Lebanese laws have been adapted to the international rules. The question […]
The Louboutin’s ‘red sole’ trademark saga
Christian Louboutin’s ‘red sole’ renowned trademark has not obtained the same strong protection all over the world and in Europe it is still waiting for the decision of the EU Court of Justice in case C-163/16, Christian Louboutin SAS v Van Haren Schoenen BV.
The Data Protection Series: #1 What happens in a Breach?
“There’s been a breach!” is a quote from countless movies and television shows over the past few decades, but what happens with it’s a breach into a company that has sensitive information about its customers.
The Role of the Banking Sector in the Growth of Lebanese Economy
The economy of a country is usually supported and boosted by the Government. In Lebanon, instead, the Central Bank or Banque du Liban has taken on the role for years now, due to the long governmental inactivity and the political impasse.
Mediation in Investor-State Dispute Settlement
Mediation has been studied as the alternative method to resolve the dispute early on, avoiding the considerable costs and delays of arbitration.