Why is GDPR good for business?
The newly implemented General Data Protection Regulations (GDPR) across Europe has been dramatised, as critics have suggested that GDPR is going to cost businesses a lot of money to implement the regulations. However, this isn’t necessarily the case. In-fact, businesses will benefit from GDPR, as the new regulations offer security, co-operation and the opportunity to […]
What is GDPR in simple terms?
In this article: What does GDPR stand for? Why is GDPR important? Who does GDPR apply to? The key aspects of GDPR Why was GDPR needed? Does GDPR replace the DPA? How to become GDPR compliant What does GDPR stand for? GDPR stands for General Data Protection Legislation. It is a European Union (EU) law […]
When did GDPR come into force?
The General Data Protection Regulation (GDPR), an EU-wide law, has applied since 25th May 2018 and was implemented in the UK through the Data Protection Act 2018. The regulation was announced on 27th April 2016, allowing data controllers and organisations over two years to ensure compliance. Whilst the GDPR did not apply to businesses until the 25th May […]
What are the FCA Principles for Business?
The UK financial services firms contribute hugely to our economy, so we must be able to trust them. The primary objective of the Financial Conduct Authority (FCA) is to regulate and manage the conduct of these firms to protect consumers and the economy. This involves a broad range of roles and responsibilities, which are outlined […]
What is the GDPR ISO 27018?
The General Data Protection Regulation (GDPR) is a European Union (EU) law governing the processing of personal data across the EU. Personal data is any information about identifiable, living people (known as data subjects). It is an extraterritorial law, meaning it operates both within the EU as well as outside of it for organisations that […]
What is the GDPR ISO 27001?
ISO 27001, created in 2013, is a framework for an information security management system (ISMS), which effectively helps an organisation with their data management, data protection, security procedures and preventive action for data breaches. By implementing ISO 27001 and becoming ISO 27001 certified, an organisation will have a secure starting point which will certainly help […]
What are the FCA Guidelines Around Safeguarding Vulnerable Persons?
The Financial Conduct Authority (FCA) have a key focus on safeguarding vulnerable persons in the financial services industry, to ensure that all consumers are treated fairly and are protected. The customer service staff in a financial services firm play a vital role in identifying and supporting vulnerable persons. Financial services firms must meet the FCA […]
What is GDPR in simple terms?
Related Courses In this article: What does GDPR stand for? Why is GDPR important? Who does GDPR apply to? The key aspects of GDPR Why was GDPR needed? Does GDPR replace the DPA? How to become GDPR compliant What does GDPR stand for? GDPR stands for General Data Protection Legislation. It is a European Union […]
What are the Consequences of Breaching MAR?
The Market Abuse Regulation (MAR) is enforced across the European Union (EU) since 3 July 2016 and aims to prevent and punish those who engage in market abuse. Preventing market abuse is a vital part of the Financial Conduct Authority’s (FCA) drive to protect consumers, to enhance integrity in the market and to promote healthy […]
What GDPR means for companies
The General Data Protection Regulation (GDPR) came into effect in May 2018. It regulates the use of personal data (data relating to any identifiable, living person) across the EU. Not only does GDPR apply to companies operating within the EU, but also to companies who provide goods or services to organisations/individuals within the EU. The […]
