Legal experts have sought to ease concerns over rumours that the funding structure of the Spanish data protection authority could incentivise heavy penalties against financial firms.
A European Commission official has taken issue with proposals to subject firms to fraud notification rules reminiscent of data breach reporting requirements, part of incoming reforms around non...
On March 22, 2018, the Information Commissioner’s Office (ICO) in the UK launched a public consultation on a guidance paper regarding data protection impact assessments (DPIAs), an obligation that...
The EU’s top payments watchdog has outlined details on its plans to conduct an in-depth review into the impact of emerging financial technology on existing regulatory frameworks and business models.
Experts have played down fears that new European data privacy rules could make handling chargebacks unmanageable for merchants, card issuers and customers.
The European Commission has published a fintech action plan, which is aimed at creating a more competitive and innovative European financial sector....
On March 1, 2018, the Ministry of Justice announced that the Finnish government had introduced a proposal (HE 9/2018 vp) to the parliament on a draft law implementing the General Data Protection...
As the EU braces for drastic data protection reforms entering into force in May, experts unpack lingering questions resulting from the commonalities and inconsistencies between the new privacy...
An influential prepaid association in Germany has rallied behind legal arguments that restrictions on payment firms servicing unauthorised online gambling operators violate data protection rules.
On February 20, 2018, the Ministry of Justice launched a public consultation on a draft law that aims to implement the provisions of the General Data Protection Regulation (GDPR) and create the...
A draft action plan for fintech recently leaked from the European Commission has raised concerns about the pace and feasibility of the accelerating drive for regulatory alignment.
U.S. data protection laws should take their cue from European regulations, industry experts said at a recent hearing in Congress.
The recent onslaught of EU regulatory compliance deadlines is stalling Brexit planning for small payment firms as the clock ticks closer to the UK’s departure from the European Union, experts have...
On February 8, 2018, the Financial Conduct Authority (FCA), in collaboration with the Information Commissioner's Office (ICO), issued a statement regarding the upcoming EU General Data Protection...
On March 16, 2017, the Office of the Data Protection Commissioner, the Irish data protection authority, initiated a public consultation on four key concepts of the General Data Protection...
Dutch organisations have been accused of failing to confront cybersecurity threats in newly published research, although they were far from the only ones found to be in need of improvements.

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