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McDermott Will & Emery LLP

28 STATE STREET, BOSTON, MA 02109-1775, USA
Tel:
Work +1 617 535 4000
Fax:
Fax +1 617 535 3800
Web:
www.mwe.com

Mark Schreiber

Tel:
Work +1 617 535 3982
Email:
McDermott Will & Emery LLP

Work Department

Litigation

Position

Partner

Career

Partner Mark E. Schreiber focuses his practice on cybersecurity, data breach response and global privacy coordination. He advises entities facing cross-border data protection, Privacy Shield and related issues, strategic decisions, and investigations. Mark has led numerous multi-national and cross-border matters, including those involving data breaches, and has advised senior management, boards, and special board committees on a variety of investigations, including data breach prevention and response. Mark is a leader of the Firm’s Global Privacy and Cybersecurity practice.

Please visit McDermott's website for full biography.
https://www.mwe.com/en/team/s/schreiber-mark-e


United States: Media, technology and telecoms

Cyber law (including data privacy and data protection)

Within: Cyber law (including data privacy and data protection)

McDermott Will & Emery LLP’s ‘greatest strength is its client service’ with ‘an impressive team of practitioners who really care about achieving the best outcome for their clients’. Mark Schreiber, Michael Morgan and Daniel Gottlieb jointly lead the team from Boston, Los Angeles and Chicago respectively. Schreiber’s strength lies in international data protection and Privacy Shield issues, Morgan is a key name for cybersecurity mandates and is ‘a leader in autonomous vehicle law’, and the ‘honest, thoughtful and extremely smart’ Gottlieb is ‘outstanding in the healthcare space’. Recent highlights include advising Pacific Alliance Medical Center on its response to a ransomware incident, assisting Modernizing Medicine with transactional and regulatory work, and acting for Change Healthcare on the development and marketing of its de-identified health data business. Pentagon Federal Credit Union, Agendia and WTC Captive Insurance are also clients.

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    The 2018 year in review in Korea was notable for the sluggish overall economy, uncertainty surrounding the geo-politics and impact on Korea due to the global trade wars, on-going concerns related to the lack of jobs and unemployment, increased taxes and burdens for businesses and families, and no meaningful improvement or clarity in the current situation for 2019. In response, the Korean National Assembly passed a legislation called the Financial Innovation Support Act (the “FinISA”) on December 7, 2018 to spark the financial services industry in conjunction with FinTech products and services. The FinISA, which will soon take effect in March 2019, is intended to lay the legal foundation to introduce a regulatory sandbox for innovative financial services, where FinTech firms test their new products and services without certain regulatory oversight pursuant to exemptions for a limited period of time (“Sandbox”). As the FinISA exempts or defers application of existing finance-related regulations for new financial technology, products or services with the purpose of fostering the creation of innovative and new financial products and services, it will also support the stabilization of such services in the financial services market at the end of the testing period and is expected that the FinISA will support a revitalization of the FinTech industry which experienced sluggish growth in recent times. In particular, as companies and investors become more interested in security tokens and Security Token Offerings (“STO”) which are regulated by the Financial Investment Services and Capital Markets Act (the “FSCMA”), there have been on-going discussions and debates as to whether the FinISA could lead to a breakthrough in the crypto-asset industry based on blockchain technology. Crypto assets encompasses those assets which utilize blockchain technology where the asset is digitalized by utilization of cryptography, peer-to-peer networks and a public ledger of verified transactions resulting in a ‘units’ of such a crypto asset without any involvement by middle-persons or brokers (e.g., cryptocurrency.
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