Data Protection

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GDPR – The Challenges and the Opportunity (Part 3): Organizations' obligation

In the second part of our guide to the GDPR and the advantages of RegTech, we have looked at aspect of the data subject rights as defined by the new rules. In the third and last part, we will look at the obligations for organizations and tell you about the challenges but also explain the …

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GDPR – The Challenges and the Opportunity (Part 2): Data Subject Rights

Following our general overview of the GDPR, we will now look at Data Subject Rights – the challenges they bring and how to deal with them. DATA SUBJECT RIGHTS – THE CHALLENGE The GDPR strengthens the rights of individuals to be able to fully control their personal data. Those rights will change the daily operation …

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Breaking down the General Data Protection Regulation

In less than 12 month the European Union’s new regulation on Data Protection, GDPR, will become applicable. It will have a significant impact on how we collect, store and manage personal data. In this sponsored post by John Karantzis, founder and CEO of iSignthis Ltd, breaks down the new rules and explains what you need …

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European Supervisory Authorities consult on Big Data

The Joint Committee of the European Supervisory Authorities (ESAs) today launched a public consultation about the potential benefits and risks of Big Data for consumers and financial firms to determine whether any further regulatory or supervisory actions may be needed. Big Data is a phenomenon linked to the ever increasing availability of data and advances …

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EBA consults on the use of consumer data by financial institutions

The European Banking Authority (EBA) published today a Discussion Paper on innovative uses of consumer data by financial institutions, in line with its mandate to monitor financial innovation. The paper identifies risks and benefits for consumers and financial institutions, as well as for financial integrity in general. Feedback received on this Discussion Paper will inform …

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European Commission unveils EU-U.S. Privacy Shield

The European Commission today issued a Communication summarising the actions taken to restore trust in transatlantic data flows since the 2013 surveillance revelations. The European Commission has finalised the reform of EU Data protection rules, which apply to all companies providing services on the EU market. The Commission negotiated the EU-U.S. Umbrella Agreement ensuring high …

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