UK Implements GDPR On Eve Of Deadline

The UK has enshrined the General Data Protection Regulation (GDPR) in national law, as financial institutions scramble to prepare for the “evolutionary” new privacy rules.

The Data Protection Act 2018 has now received royal assent and its main provisions will commence on May 25, 2018, the day that the European privacy reforms enter into full force across the bloc.

Although the regulation is directly applicable throughout the EU, the regulation does allow some opportunity for member states to tailor the legislation to their country.

Request a Free Trial

As a trusted source of regulatory intelligence for the global payments industry, we enable organisations to manage the growing volume and velocity of regulatory risk with confidence, empowering more informed and effective decision making, in an efficient and cost-effective way.

Take a Trial