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Oliver Yaros is a partner in the Intellectual Property & IT Group as well as the Technology Transactions and Cybersecurity & Data Privacy Practices of the London office of Mayer Brown. He advises clients on technology and outsourcing transactions with a particular focus on fintech and digital transformation projects, as well as clients operating within a broad range of sectors on data protection matters and cybersecurity incidents, intellectual property transactions and related issues.

Oliver has acted for clients entering into many different types of technology and outsourcing transactions including:

  • Consortia initiatives to create and operate fintech utility service providers and develop technologies for customers in the financial services industry;
  • Cloud agreements (including the licensing terms, data protection and regulatory requirements);
  • Agreements to develop, deploy and commercialise fintech and digital solutions;
  • Blockchain technology and cryptocurrency initiatives;
  • Agreements to generate, analyse and license the use of data;
  • Artificial intelligence (AI) and robotic process automation technology projects;
  • Initiatives to utilise internet connected (IoT) devices such as in vehicles and in proptech solutions;
  • IT and business process outsourcings (ITO and BPO); and
  • Software development and licensing agreements.

On data protection and cybersecurity matters, Oliver has extensive experience advising clients on:

  • Conducting global projects to ensure multinational businesses comply with privacy laws worldwide;
  • The requirements under current and upcoming UK and European data protection laws such as the Data Protection Act, GDPR, ePrivacy Directive and Regulation, NIS Directive and EU Cybersecurity Act;
  • The required and appropriate measures to take when sharing personal data with third party partners and service providers;
  • Overcoming conflicts and restrictions in laws that prevent the international transfer of personal data;
  • Using personal data in the context of big data generation and analytics;
  • Conducting projects to respond to cybersecurity incidents and comply with requirements to notify authorities and affected individuals in multiple jurisdictions where personal data has been lost, stolen or held to ransom; and
  • Responding to individuals that exercise their privacy rights, such as the right to be provided with copies of personal data and the right to be forgotten, under data protection legislation.

On intellectual property matters and issues, Oliver has represented clients on:

  • The development, manufacture, licensing and commercialisation of technologies used in a wide range of sectors including financial services, life sciences, pharmaceuticals, media and entertainment, cybersecurity and consumer goods industries;
  • The creation, management and protection of worldwide intellectual property portfolios;
  • The establishment, transfer and disposal of intellectual property focussed businesses and assets as part of corporate mergers and acquisitions, restructuring and other transactions; and
  • Patent, copyright, trade mark and domain name disputes.

Oliver joined Mayer Brown in 2004. He is the Chairman of the Digital Economy Committee of the UK International Chamber of Commerce (ICC) and is a Certified Information Privacy Professional in Europe (CIPP/E) by the International Association of Privacy Professionals (IAPP).

From May 2013 to October 2014, Oliver spent 18 months on secondment to the GBM Legal team of HSBC in London during which he advised the Global Banking and Markets (investment bank) division and worked with other divisions of HSBC on the creation of various global know your client / client onboarding and other types of banking industry utility joint ventures with other banks, on a number of multilateral and bilateral outsourcing projects, on investment banking technology procurement projects and on various worldwide IP portfolio management and data protection issues.

Langues

  • Anglais
Points clés
Staying Ahead of the Curve: Cybersecurity and Data Privacy–Hot Topics for Global Businesses
Thriving in an Age of Digital Transformation

Expérience

Technology and outsourcing transactions

Representative engagements include:

  • Acting for HSBC, Morgan Stanley, Citi and Deutsche Bank on the creation of worldwide KYC / client onboarding financial industry utility known as KYC Services (KYC.com) as well as advising banks on the creation of other financial industry utilities and various multilateral outsourcing projects;
  • Acting for HSBC in its negotiations on the design and development agreement with IHS Markit to create MyDeal, a digital technology app and underlying platform that enables the bank's employees and clients to access transactional, logistical and other updates relating to investor roadshows during the capital market fundraising process;
  • Advising HSBC on a project to sell and monetise a “Know Your Client” software solution. The solution combines robotic process automation and machine learning technologies to significantly reduce the time it takes to check the compliance status of clients. Mayer Brown advised on the terms of the collaboration agreement with EXL to develop and bring the tool to market and to document the share of revenues earned by HSBC based on the uptake and success of the technology with other financial institutions;
  • Acting for multiple clients operating in the financial services sector, including global systemically important financial institutions, on the negotiation of global, enterprise wide cloud agreements with leading service providers, including advising on the licensing terms, data privacy and regulatory requirements;
  • Advising a global bank on the outsourcing of its regulatory change function in multiple jurisdictions to a professional services organisation;
  • Advising an international bank on its participation and contribution of technology into Project Voltron, a R3 led consortium project with 11 other financial institutions to create blockchain based smart contracts technology that banks can use to automate the creation, exchange and execution of purchase contracts and letters of credit used in trade finance;
  • Advising a leading provider of online consumer personal loans in relation to the adoption of a personal loan blockchain solution;
  • Advising a fintech start up on the development, ownership and licensing of its AI based online instant payments platform and the terms on which it permits customers, suppliers and funders to use that platform;
  • Advising a commodity exchange on the outsourcing of IT functions;
  • Acting on a large IT outsourcing transaction for one of the largest banks in Denmark;
  • Advising a service provider on the development and deployment of internet connected device (IoT) technologies;
  • Acting for Aurelius Equity Opportunities, a member of the Aurelius Group that focuses on investing in special situations and mid-market transaction opportunities in a broad range of industries, on the long-term outsourcing agreement entered into between BT Group plc and BT Fleet Solutions, under which BT Fleet Solutions, a leading end-to-end commercial fleet management operator, shall manage BT's vehicle fleet nationwide following Aurelius’ acquisition of BT Fleet Solutions from BT Group plc.
  • Acting on a global outsourcing project for a global chemicals company as part of a joint venture with a sovereign backed entity;
  • Acting for an international agrochemicals conglomerate on the global outsourcing of the management of its facilities and logistics;
  • Working on a large IT outsourcing transaction for a global insurance provider;
  • Acting on global HR business process and European payroll outsourcing projects for global providers of food and household products;
  • Advising a well-known retailer on a back office outsourcing transaction for its online business;
  • Advising a major record label on a worldwide outsourcing of its IT systems; and
  • Advising a wine merchant on the development and implementation of an online wine trading and warehousing platform for its customers.

Data protection and cybersecurity

Representative engagements include:

  • Advising multinational clients operating in financial services, private equity, insurance, pension fund management, professional services, real estate and facilities management, fast moving consumer and industrial goods and vehicle manufacturing, airline, international logistics, media and entertainment, telecommunications, gambling, online marketing, further education and charity sectors on preparing to comply and their ongoing compliance with all aspects of European data protection laws including the UK Data Protection Act, GDPR, the ePrivacy Directive and NIS Directive. This has included advising on the scope and applicability of these laws, requirements to appoint data protection officers, data mapping and recording, the drafting of fair processing notices, policies and procedures, conducting data protection impact assessments, advice and support on negotiating data protection agreements, addenda and arrangements with third party partners and suppliers, the creation of third party agreement playbooks, advice on security policies and data breach response procedures, measures to enable individuals to exercise their privacy rights and advice on international data transfers (including the use of the EU-US Privacy Shield and standard contractual clauses);
  • Advising Overmore, a lead generation and data analytics technology company focused on data that helps clients to tailor marketing communications to consumers, on developing personal data validation and e-marketing systems that comply with the GDPR and ePrivacy Directive requirements;
  • Advising Mitie, a facilities management provider, on the data protection compliance requirements relating to the implementation of a connected workspace (IoT) solution to track and analyse the use of workspace by personnel in its and its customers buildings;
  • Acting for a leading global construction machinery and equipment company on its application and implementation of binding corporate rules (BCRs) for the transfer of personal data throughout its organisation;
  • Advising a global financial institution on the data protection requirements related to the construction and deployment of an international trade finance platform;
  • Advising a fintech start up on the use and analysis of personal data uploaded by customers, suppliers and funders in its AI based online instant payments platform;
  • Acting for numerous multinational clients on projects to achieve compliance with data protection laws in multiple jurisdictions worldwide in connection with IT and business process outsourcings (ITOs and BPOs);
  • Advising a global financial institution in relation to a cyber-incident. Obtaining appropriate urgent injunctive relief against persons unknown responsible for the theft of data and implementing a multinational project and methodology for assessing the risks resulting from the personal data affected and complying with the notification and other obligations pursuant to GDPR and other relevant international standards.
  • Advising a telecommunications provider on the recovery of customer personal data taken by a former senior employee and compliance with applicable data protection requirements;
  • Advising a retail business establishment on responding to a series of personal data breaches concerning its customers in compliance with its data protection obligations;
  • Acting for an international chemicals company on responding to the exercise of subject access and other data protection rights by activists; and
  • Advising numerous clients on responding to requests for disclosure of personal data from government, judicial and law enforcement authorities and overcoming conflicts in laws that prevent personal data being shared cross-border with them.

Intellectual property

Representative engagements include:

  • Advising HSBC on a project to sell and monetise a “Know Your Client” software solution. The solution combines robotic process automation and machine learning technologies to significantly reduce the time it takes to check the compliance status of clients. Mayer Brown advised on the terms of the collaboration agreement with EXL to develop and bring the tool to market and to document the share of revenues earned by HSBC based on the uptake and success of the technology with other financial institutions;
  • Acting for ARM Holdings on the acquisition of Sansa Security, a provider of hardware security IP and software for advanced system-on-chip components deployed in Internet of Things (IoT) and mobile devices.
  • Advising Entertainment One on the acquisition of Alliance Films, a major film distribution company, for £143m;
  • Advising on the sale of the RBS Smaller Companies Index to Numis;
  • Advising Brookfield on the acquisition of Center Parcs, a holiday resort operator;
  • Advising a private investment company on its investment into a military and medical device research, development and manufacturing company and the subsequent licensing and transfer of the underlying intellectual property and manufacturing of products;
  • Advising a medical device company on the licensing and sale of bloodline technology and business to healthcare providers;
  • Advising a UK based cybersecurity firm on the development, distribution and licensing of its identification authentication technology to resellers and customers;
  • Acting for pharmaceutical companies on a variety of manufacturing, distribution and marketing agreements with its suppliers and agents;
  • Advising a pharmaceutical company on its collaboration agreement with other pharmaceutical companies to track and assess the successful use of various therapies in hospitals and clinics;
  • Advising on the securitisations of copyright and royalties deriving from the back catalogues of major record labels;
  • Acting on a number of copyright and trade mark infringement investigations and disputes on behalf of international publishers and TV show rights holders against UK based counterfeiters, US parallel importers and distributors of unauthorised merchandise on internet auction and mail order sites;
  • Acting on various copyright infringement and misappropriation of online material disputes between financial market news and information providers; and
  • Acting for WaveCrest, a global telecommunications provider, on the successful defence of a patent infringement action and first revocation of a UK patent on the ground of being a business method at High Court, Court of Appeal and House of Lords (Aerotel v Wavecrest).

Formation

Certified Information Privacy Professional/Europe (CIPP/E)

University of Bristol, Postgraduate Diploma in Intellectual Property Law and Practice

BPP Law School, LPC

The London School of Economics and Political Science, LLB, Law

Inscriptions au Barreau

Barreau

  • England and Wales

Memberships

  • Chair of the Digital Economy Committee of the UK International Chamber of Commerce (ICC)
  • Member of the City of London Law Society IP Law Committee
  • Member, International Association of Privacy Professionals (IAPP)
  • Member, Society for Computers and Law (SCL)
  • Member, City of London Solicitors’ Company and City of London Law Society
  • Listed as a 'key lawyer' for IT and Telecoms. (Legal 500 2020).
  • IP and IT expert Oliver Yaros was promoted to partner and has particular knowledge of fintech and cryptocurrencies. (Legal 500 2018)