ABI predict the rise of cyber insurance
On the 5th May 2015 the ABI held a conference on cyber insurance…
Published 18 June 2015
This month the EC revealed its "Communication on a Digital Single Market Strategy for Europe"; a document setting out a number of proposed activities aimed at the development and advancement of new digital networks as well as the promotion of the digital economy within the EU.
The EC's document builds upon the argument that the digital market is no longer a self-contained sector but the foundation upon which the global economy thrives. Barriers to the development of a digital single market were considered and progressive actions aimed to tackle these barriers are proposed in the document, these include:
Please click here to view the EC press release.
Please click here to view the EC's "Communication on a Digital Single Market Strategy for Europe" publication.
Part of the EC plan for digital development are proposals to reform and/or introduce laws and regulations which promote, for instance, straightforward cross-border contract rules and consumer protections. Companies should watch out for future developments to the regulatory framework further to the EC's publication.