Radius VP of Consulting, Stuart Buglass, discusses how the Safe Harbour data-sharing agreement between Europe and the US is dead – and Facebook is now waiting to discover whether it will have to suspend its transatlantic data transfers as a result.
The European Court of Justice (ECJ) declared the 15-year-old Safe Harbor data-transfer agreement invalid on Tuesday. Stuart Buglass of Radius comments on the agreement that governs the flow of data from European users of U.S.-based cloud services to the U.S.
The European Court of Justice has ruled invalid the US-EU Safe Harbor scheme that thousands of companies, including all US tech giants, rely on to transfer personal data to the US.
The guidelines and sanctions of the Foreign Corrupt Practices Act (FCPA) are tough, and the SEC is serious about enforcing them. They even created a special unit in 2010 dedicated to ferreting out violators. And while it’s generally true that large public companies are at higher risk of being targeted for violations, U.S. multinationals of all sizes must comply with U.S. anticorruption laws as well as similar laws in other relevant jurisdictions.
China overtook the United States as Africa's largest trading partner recording over US 210 billion dollars in trade with the region in 2013. Can the US initiatives in Africa flip this scale? CNBC Africa's Godfrey Mutizwa spoke to Felix Ndeloa, Director Advisory Services at Radius, about economic ties between the US and Africa.