Law360, London (January 14, 2021, 6:57 PM GMT) -- A Turkish gas executive has sued financial data provider Refinitiv for libel for categorizing him in its lender risk database as being involved in terrorist activities, saying the listing violates Europe's data protection rules.
Mehmet Baltaci, a U.K. resident and chairman of a natural gas importer, said in his High Court suit that Refinitiv Ltd. has incorrectly labelled him as an "nonconvicted terrorist" on its risk intelligence database since 2014. The database, known as Word-Check, helps financial institutions review customers before lending to them to avoid being used for money laundering.
Refinitiv, which the London Stock Exchange Group is in the...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!