GDPR – The biggest change to Europe’s Data Protection rules in 20 years

The biggest change to Europe’s Data Protection rules in 20 years will come into force in May 2018. The General Data Protection Regulation (“GDPR”) will give people new rights to access the information companies hold on them, require firms to better manage the data they have and bring new (and potentially much higher) fines. Having been discussed for the past four years, companies will need to be ready to adhere to the rules under GDPR from 25 May 2018.

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FCA Review: Suitability

The FCA seems happy with the outcome of a review of suitability it undertook last year which captured 1,142 individual pieces of advice given by 656 firms.

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In The Clouds

The FCA publishes Guidance Consultation GC 15/6 “Proposed guidance for firms outsourcing to the ‘cloud’ and other third-party IT services”

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Regulatory References

Consultation Paper CP15/31 proposes the introduction of new SYSC Chapter 22 ‘Regulatory References’

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