Firms need to be ready to comply with the strengthened data protection requirements by 25th May 2018. Non-compliance can result in fines of up to 4% of annual global turnover. Key changes include extensions to individuals’ rights in relation to their data, stricter application of data processors’ rights to hold and use data plus additional rights for data erasure.
Unlocking the Potential: Integrating Machine Learning into Internal Rating-Based Models in Banking
Join Our Webinar, Navigating Regulatory Financial Crime Updates: Evaluating and Enhancing Controls