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Google May Face EU Action over New Privacy Policy

Google may face a confrontation with the European Union (EU) after it flouted EU orders to undo vast changes to small print across services including search, Gmail and YouTube. The situation started when Google introduced a new privacy policy for target advertising that gave it power to merge data from its various websites to create a master profile of the ... Read More »

Aviation Week Expands Global Editorial Team & Expertise

Strengthens its commitment to the European aerospace, defense and airline markets with key appointments Veteran aviation journalists Tony Osborne and Cathy Buyck are the newest members of the international team of editors at Aviation Week (http://www.aviationweek.com), while Frankfurt-based Jens Flottau has been promoted to lead the Commercial Aviation team.  Osborne joins as the new London Bureau Chief, and Buyck will ... Read More »

The Credit Conundrum: SME Financing Gap in Europe

Small- and medium-sized enterprises (SMEs) account for the majority of business activity in most countries and play a vital role in stimulating growth, innovation and competitiveness. It is therefore important to assess the degree to which SMEs are provided with adequate access to lines of credit and financing options to enable their growth and stability. According to the Bank of ... Read More »

Country Risk Climate: Coface Downgrades Corporates in Europe, Ivory Coast, Japan and South Africa

Coface, the credit insurer has warned that with the ongoing malaise in the European economy, companies heavily exposed to Europe continue to be a relatively risky investment.   To that end, Coface has downgraded its risk assessment of corporates in Italy, Spain, Czech Republic, Poland and Slovenia. Political tension has led to a downgrade of corporates in Ivory Coast, while ... Read More »

Newgate Brussels Announces Strategic Partnership on Data Protection Policy With Regulatory Strategies Limited

The Brussels office of Newgate Communications has announced a strategic partnership with a leading UK-based data protection consultancy, Regulatory Strategies Limited, to help organizations navigate the revision of the EU’s data protection regime, now underway. To read the announcement click on the link: Press release Newgate Regulatory Strategies Mike Bradford is founder of Regulatory Strategies Limited and BIIA’s expert on Privacy ... Read More »

EU Data Protection Regulations Update

The LIBE draft report on the EU data protection regulation proposals has dominated data protection news over the last month and this Newsletter covers key areas and the EU update summarises the latest position. The report proposes 350 amendments to the regulation. Commentators generally suggest that the proposed new legislation will be very strict and broad. This report is not ... Read More »

Meet our Full Member Creditsafe

The Creditsafe Group is Europe’s most used supplier of on-line company credit business intelligence with five Creditsafe Group reports downloaded every second! Privately owned and independently minded Creditsafe is looking to change the way business information is used by providing high quality data in an easy to use format that everyone in an organisation can benefit from. Launched in Norway ... Read More »

Happy New Year from the BIIA Regulatory Team!

Attached is Regulatory Strategies latest Newsletter highlighting what should be on our data protection – and business – radars at both a UK and EU level for 2013, in particular as the ‘new’ regulations move forward. The one given is that there will be change. As one commentator said when the regulations were first published almost a year ago: “The ... Read More »

Moody’s Faces Ban on Rating Products Issued by Berkshire Hathaway

Moody’s faces a ban on rating products issued by Warren Buffett’s Berkshire Hathaway in an EU clampdown on alleged conflicts of interest at credit rating agencies. On Tuesday night the European parliament and EU member states agreed a draft plan to impose limited curbs on the sector that restrict when agencies can rate sovereign debt and give investors clearer grounds ... Read More »

European Bank Priorities for 2013: Cross-Selling and Big Data

FICO and EFMA Survey:  54% of risk managers said they will use Big Data to dig deeper into what customers want, and understand their risks. With dark clouds still hanging over the European economic and banking landscape, what are risk managers’ priorities for 2013?  That is a question we raised in the sixth European Credit Risk survey, conducted by FICO ... Read More »

European Economic Climate: BISNODE Predicts Moderate Economic Slowdown

Europe’s leading business information supplier Bisnode has published an aggregate report of bankruptcies and business startups for the third quarter of 2012, indicating continued economic slowdown for the region.   Adjusted for seasonal factors, the trend of decreased business startups and increased bankruptcies remains.  Businesses in the transport and communication industries continue to suffer due to fierce competition and increased fuel ... Read More »

European Debt Crisis Likely to Push Bankruptcies to Higher Levels

The ongoing debt crisis in Europe continues to spread to the point where even the powerful German manufacturing sector is starting to take a hit. FCIB Global Conference Speaker Ludovic Subran, of Euler Hermes, noted this is likely to push bankruptcies much higher in a number of economies there. Subran noted that projections show low growth, if any, in most ... Read More »

Experian Reports Revenue Growth 12% for First Half (Ending September 30th, 2012)

Experian reported total Group revenue of US$2.3bn.  Revenue from continuing activities was up 12% at constant exchange rates and 6% at actual rates, principally due to the depreciation of the Brazilian real against the US dollar.  Organic revenue growth was 8% at constant exchange rates. Total EBIT from continuing operations of US$590m, up 14% at constant exchange rates and up ... Read More »

Tinubu Square Releases Tinubu Risk Management Center for Corporates

Proven trade credit risk solutions for insurers now available directly to B2Bs, lowering cost of risk management by up to 50% Tinubu Square, one of the most trusted sources of credit risk solutions for trade credit insurers, announced the latest release of its Tinubu RMC (Risk Management Center) platform, designed for business-to-business organizations.  Tinubu RMC is the first and only ... Read More »