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Top StoriesExclusive-ECB Tells Banks to Watch All Russian Clients in Widening of Sanctions Net -Sources
FinanceThe ‘Set It and Forget It’ Era Is Ending for Financial Services
TechnologyHow Data Governance Can Minimise Cybersecurity Risks for Private Equity Firms
TradingHas International Data Transfer Overcome Its Largest Obstacle Yet
Polish Tribunal Rules European Rights Court May Not Question Judges
Date: March 10, 2022
WARSAW (Reuters) – A top Polish court ruled on Thursday that the European Court of Human Rights (ECHR) could not question the appointment of Polish judges, a verdict that may further strain Warsaw’s relations with Europe. In power since 2015, the conservative Law and Justice (PiS) party has clashed with European institutions over issues from...
Crypto Industry on Defensive as Ukraine Crisis Spotlights Russia Sanctions Compliance
Date: March 10, 2022
By Hannah Lang (Reuters) – Cryptocurrency evangelists are on the defensive amid warnings from U.S. and European lawmakers that digital asset companies are not up to the task of complying with Western sanctions imposed on Russia following the country’s invasion of Ukraine. The criticism has seen the crypto industry scrambling to regain control of the...
The Digital Operational Resilience Act (dora) Is on the Way, but What Does That Mean for Businesses?
Date: March 8, 2022
By Angus Panton, Business Unit Director, Expleo Resilience and the ability to maintain continuous service in the face of multiple threats and challenges is a major theme for financial institutions in 2022.For digital-first organisations, this means putting a proactive risk mitigation strategy in place to avoid customer service interruptions, enabling faster recovery from outages, and...
With Sca Deadline Looming – What Happens Next?
Date: March 8, 2022
By Rob Crutchington, Managing Director of Encoded Organisations with an online presence need to be sure they are ready for full Strong Customer Authentication (SCA) compliance for e-commerce transactions. From 14 March 2022 any merchant that fails to comply with the requirements could be subject to Financial Conduct Authority (FCA) fines and risk customer purchases being...
Leveling the Data Protection Playing Field? A Look at the UK Data Privacy Landscape
Date: March 7, 2022
By Alexis Kirkman, Associate General Counsel, Senior Director, Fivetran Data is increasingly becoming a currency in the digital world – it can be made, tracked and traded; the more you have of it, the more options you have to explore new avenues to grow; and now, increasingly, the less transparent you are with it, the...
Hybrid Working: A Reminder of the Data Protection Risks
Date: March 7, 2022
By Tom Llewellyn, Partner and Fran Tremeer is an Association in the Dispute Resolution team at Royds Withy King Banks and financial services firms across the UK continue to operate hybrid working patterns with staff working from home and the office. There presents much greater data protection risks, says Tom Llewellyn and Fran Tremeer. The...