Publications

This page lists the IRSG's reports, position papers and other publications.

The architecture for regulating finance after Brexit

Report

A new report by the IRSG in collaboration with Linklaters, urges a review of the UK’s rule making system for financial services post-Brexit.

Published: 8/12/2017

A New Basis for Access to EU/UK Financial Services Post-Brexit

Report Publication Position Paper

This report makes detailed proposals on the terms of a free trade agreement under which financial services suppliers in the EU and UK would have access to each others' markets after Brexit.

Published: 26/09/2017

IRSG example GDPR ready processor terms

Publication

The International Regulatory Strategy Group, in conjunction with Clifford Chance and DLA Piper, has produced a document to help inform organisations of the requirements arising from the implementation of the EU General Data Protection Regulation (GDPR) in relation to data governance and compliance controls in the supply chain.

The GDPR imposes stringent requirements for controllers appointing processors, including prescribing various matters which must be stipulated in a contract or other legal act (Article 28).
The European Commission and supervisory authorities have the power to adopt standard contractual clauses to meet these new requirements.  However, there is currently no example template to assist organisations as they tackle the sizeable “re-papering” challenge to ensure supply chains are GDPR ready for the implementation deadline of 25 May 2018. 
The IRSG Data workstream has therefore produced a suggested set of processor terms to help inform organisations of the new requirements and how they might be addressed.
Vivienne Artz, Managing Director and Global Head of Privacy Legal and Head of International for the Intellectual Property and Technology Law Group, Citi, (Chair of the IRSG Data work stream) commented:   “As the deadline for the implementation of the GDPR approaches, firms still have much work to do to prepare for its new requirements. This addendum relating to Article 28 (Processor Terms) provides a valuable contribution to this work, in the absence of official guidance in this area.   We are extremely grateful to DLA Piper and Clifford Chance for their work in producing this example template and we hope that it will assist firms in the financial services sector and beyond as they prepare for the GDPR May 2018 deadline.”
Published: 1/08/2017

'The Great Repeal Bill': Domesticating EU Law

Report

A new report from the International Regulatory Strategy Group (IRSG) in collaboration with Linklaters, urges government not to use the Repeal Bill to make policy changes which could risk turning it into a legislative Pandora’s Box. Instead it should focus attention on the task of separating UK law from EU law and repealing the European Communities Act 1972 to ensure a continuing stable legal framework upon Brexit.

Published: 27/06/2017