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Hi, here is your weekly round-up of highlights from Out-Law News. As always, there are plenty of other stories from this week. You can also access our archive of weekly emails This week's highlights from Out-Law News TMT & Sourcing and Intellectual Propery Twitter and the law: 10 legal risks in tweeting from or to the UK Debates in parliament, home visits from the police and distressed celebrities all seem a little unclear as to what is and what is not acceptable by law on Twitter. 09/08/2012 Irish banks to face data protection scrutiny after "serious errors" by AIB The Office of the Data Protection Commissioner (ODPC) in Ireland plans to check the country’s banks for problems related to misreported loan repayments after what it termed a “serious breach” of data protection laws by Allied Irish Bank (AIB), according to press reports 09/08/2012 Devon health trust fined £175,000 after accidentally publishing personal details of 1,000 staff A health trust in Torquay has been fined £175,000 after accidentally publishing the “sensitive details” of over 1,000 members of staff on its website, the Information Commissioner’s Office (ICO) has announced. 08/08/2012 Regulator action needed to tackle "substandard" financial services IT frameworks, industry body says TThe technology underpinning the UK’s financial services sector needs urgent investment if regulators are to be able to spot potential abuses and prevent future financial crises, an influential report has claimed. 07/08/2012 New data protection law should cover search engines and social networks says EU committee Search engines, social networks and certain cloud computing services should be brought within the scope of the forthcoming European data protection reforms, according to an EU consultative body. 06/08/2012 Transfers between e-money accounts not subject to rules on standards for credit transfers and direct debit transactions, says European Commission Payment service providers will not have to conform to strict ‘single euro payment area’ requirements over the transfer of ‘electronic money’ (e-money) between dedicated e-money accounts, the European Commission has said. 03/08/2012 Bribery and internal investigations Standard Chartered allegations are potentially the tip of a "very big iceberg", expert warns Allegations that Standard Chartered hid over $250 billion worth of illegal transactions with Iran from regulators in the US are “potentially the tip of a very big iceberg for companies operating internationally, particularly those in the financial service sector”, an expert has warned. 09/08/2012 Infrastructure UK Green Deal to be an "early candidate" for support from Government-backed infrastructure guarantee scheme The Government’s flagship Green Deal programme, allowing property owners to install energy efficiency measures at no up-front cost, could be among the first to benefit from the new system of ‘UK Guarantees’ announced last month. 09/08/2012 Arbitration and international arbitration Agreeing to be bound by ICC Rules excludes right to appeal under domestic law, Singapore court rules Parties who have agreed to submit disputes to arbitration under the Rules of Arbitration of the International Chamber of Commerce (ICC Rules) lose their right to appeal points of law to the Singapore court system, a judge has said. 07/08/2012 Retail Quarterly insolvency figures hide reality of struggling retail and construction sectors, expert says The Government’s quarterly insolvency statistics, showing a slight dip in the number of companies forced into liquidation or administration, do not show the reality for many struggling companies, a restructuring law expert has said. 06/08/2012 Restructuring Court does not clear up confusion over 'deficient' legislation, says expert A recent High Court decision which appears to confirm that he failure to serve notice of intention to appoint an administrator on the relevant company does not invalidate the appointment leaves unanswered questions, a restructuring law expert has said. 06/08/2012 Financial services regulation Government considers extension of winding up powers beyond banks The Government is seeking views on whether to extend its existing powers to stabilise or wind up “systemically important” large banks to other vital financial services functions such as investments and insurance. 06/08/2012 Pinsent Masons: combining the experience, resources and international reach of McGrigors and Pinsent Masons About this email This is a weekly email for subscribers of Out-Law.com, a website with more than 10,000 pages of legal news and guidance. 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