Financial services companies have faced some of the biggest GDPR fines. This book aims to put companies in this sector on the right side of GDPR.
It has been estimated that 1.1 million people work in financial services jobs in the UK. Financial services companies hold vast quantities of personal data. And given the vast resource of many of these firms, they often have the means and the technology to process personal data in a myriad of ways including:
- using Artificial Intelligence to build customer profiles
- employee monitoring
- customer marketing
- carrying out Know Your Customer Checks
- transferring data around the globe
There are numerous GDPR issues that companies in financial services must address.
This book seeks to provide companies in this sector with practical solutions on GDPR.
ABOUT THE AUTHOR
Patrick O’Kane is an in-house barrister with a multinational organisation. Patrick is also the author of the books ‘GDPR: Fix it Fast – How to Apply GDPR to Your Company in Ten Steps’, ‘A Practical Guide to GDPR in Financial Services’ and ‘A Practical Guide to Managing GDPR Data Subject Access Requests’ which received a 5-star review in The Law Society Gazette.
Chapter 1 – GDPR – The Basics
Chapter 2 – International Data Transfers in financial services
Chapter 3 – Risk Assessing new projects and products under GDPR
Chapter 4 – Data Protection and Marketing in financial services
Chapter 5 – How GDPR impacts Know Your Customer checks
Chapter 6 – Using the Cloud in financial services
Chapter 7 – Buying customer data
Chapter 8 – Artificial Intelligence (AI) in financial services
Chapter 9 – Data Security and reporting data breaches
Chapter 10- Sharing data with third parties
Chapter 11 – Processing employee data
Chapter 12 – Further GDPR rules
Chapter 13 – GDPR Rights in financial services
Chapter 14 – Mergers and acquisitions and GDPR