As contactless transactions boom, EU regulators publish draft guidelines on the interplay between the GDPR and PSD2.
Last year, more than half of all payments in the UK were made by card and contactless methods, while cash...more
11/4/2020
/ Anti-Money Laundering ,
Anti-Terrorism Financing ,
Data Protection ,
EU ,
European Data Protection Board (EDPB) ,
Financial Institutions ,
General Data Protection Regulation (GDPR) ,
Member State ,
New Guidance ,
Payment Systems ,
Personal Data ,
PSD2
Insights from Latham’s flagship event: Managing the risk and promise of digitisation in financial services.
In a bid to keep pace with rapid advances in cloud adoption across financial services, regulators have published a...more
11/12/2019
/ CLOUD Act ,
Cloud Storage ,
Data Protection Authority ,
EU ,
European Banking Authority (EBA) ,
Financial Services Industry ,
FinTech ,
General Data Protection Regulation (GDPR) ,
Insurance Industry ,
New Guidance ,
Open Banking ,
Regulatory Agenda ,
Reinsurance
The guidance clarifies the interplay between the PECR and GDPR and provides practical steps to achieving cookie compliance.
The UK’s data protection supervisory authority, the Information Commissioner’s Office (ICO),...more
The DIFC guidelines provide practical guidance for DIFC-registered entities engaging in electronic direct marketing, including useful “dos” and “don’ts”.
What Do DIFC-Registered Entities Need to Know?
In January 2019,...more
2/4/2019
/ DIFC ,
Direct Marketing ,
Dubai ,
Electronic Communications ,
EU ,
EU Data Protection Laws ,
General Data Protection Regulation (GDPR) ,
New Guidance ,
UK ,
UK Data Protection Act ,
United Arab Emirates (UAE)
Cloud services come with the promise of many benefits for the financial services sector. Cloud computing offers large-scale and cost-effective solutions for data storage and efficient processing and is also the underlying...more
The Article 29 Working Party (WP29) – the group that represents the data protection authorities of all EU Member States – has published guidance and FAQs on a number of issues under the General Data Protection Regulation...more