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GDPR and data security by design
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25 May
2017

GDPR and data security by design

In exactly one year, the General Data Protection Regulation (GDPR) will apply across the European Union, yet firms are struggling to prepare for new data security obligations due to the sheer quantity of regulations due to be enforced in 2018. With the current date of MiFID II being 3 January 2018 and PSD2 due 10 Read More

09 May
2017

Building the bulwark: preparing your firm for data protection regulations

What image is conjured up when you hear the term “cybercriminal”?  A Guy Fawkes mask partially concealed underneath a black hoodie to the accompaniment of sinister music? Whilst this image provides an excellent trope for Saturday night TV, it does not reflect the reality of cybercrime. At our second RegTech Capital Markets Conference, we held Read More

04 Jul
2016

Dismantling data standards barriers

The push for increased transparency following the financial crisis has had a visible impact on the financial services industry.  Many regulations have created similar, but slightly different, requirements, in particular across the Atlantic.  Increased – but uncoordinated – demand on data, and proof of process in different formats and languages, without proper impact assessments conducted Read More

24 Oct
2013

An update on the EU Data Protection Regulations

By Bird & Bird LLP This is an update from Bird & Bird on the progress of the EU Data Protection Regulation.  The original document can be found here: EU Data Protection Regulation: one step forward After months of discussion, the LIBE Committee of the European Parliament voted on compromise amendments to the draft, General Data Read More

10 Oct
2013

KYC utilities: ‘New’ concepts ready to mature quickly?

  • 10th October 2013
  • RegTechFS

2013 has been a busy year for KYC professionals as they respond to a number of different regulatory requirements. Regulatory demands have raised the bar on not only existing data requirements but also have introduced a number of new ones. In response to this, there are now many different conversations going on in parallel about Read More

09 Jul
2013

Early warning signs: Data protection barriers ahead

Is data protection soon to become the biggest compliance hurdle facing the back office? In an effort to improve the protection offered to consumers, and to harmonise data practices, the EU is currently in the process of passing two pieces of legislation: the Cybercrime Directive and the General Data Protection Regulation (GDPR). Few people have Read More

28 Jun
2013

Early warning: Data protection barriers ahead

  • 28th June 2013
  • RegTechFS

In an effort to improve the protection provided to consumers, and to harmonise data practices, the EU is currently in the process of passing two pieces of legislation: the Cybercrime Directive and the General Data Protection Regulation (GDPR).  Few people have given much thought to how these will align with international financial regulation but, if Read More

25 Feb
2013

Data protection: the next Y2K?

Conflicting demands of European data privacy and US intelligence gathering legislation are coming together to make the issue a serious problem for banking technologists. Transatlantic friction over data protection isn’t exactly a new problem – the industry has been faced with pending regulations from the US and EU for over a decade.   Until recently Read More