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Daily Dashboard | Spy Programs Prompt Potential May Deadline Related reading: CFPB releases Consumer Protection Principles on financial data sharing

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The Wall Street Journal reports on EU reaction to the U.S. National Security Agency surveillance program disclosures, including the determination by some, to enact the proposed data protection regulation by May of next year. German MEP Jan-Philip Albrecht said, “The importance has been made clear now with all these revelations, we need cross-border rules, European rules, to safeguard fundamental rights,” adding, “It makes the world more vivid.” Shearman & Sterling associate Hartmut Häselbarth said the May deadline is ambitious, but in the long run, American businesses with a presence in Europe “will most likely have problems in (the) future.” (Registration may be required to access this story.)
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