Following over four years of discussion and debate, the General Data Protection Regulation has now been adopted by the EU and will come into force in May 2018. This important and wide-ranging piece of regulatory reform will have a significant impact on the operations of any business using personal data, and banking and payments are set to be two of the sectors most affected.
This webinar will explore what the GDPR proposes and how it will impact the work of financial institutions. Leading experts will then outline the most effective ways to respond and take advantage of the opportunities to gain a competitive advantage during this period of rapid transformation.
Group Head of Data Privacy
Managing Director, Data Protection
Chief Executive Officer
BBC, Sky and ITV
Lindley Gooden and the exceptional panel will discuss a range of very relevant issues. They will answer the following questions:
- What key changes in the definition and handling of personal data will the GDPR introduce?
- What will best practice look like post the introduction of GDPR?
- What new opportunities and challenges might GDPR create for banks?
- What will be the impact of the new rules governing obtaining, or rescinding, consent when processing data?
- How can these new requirements be seamlessly imbedded into the customer journey?
- Overcoming the challenges: continuing to deliver a personalised customer experience despite restrictions on data use
- Staying ahead of the shift: transforming your internal processes to be ready for the GDPR
- International impact: what will be the effect on companies that work both inside and outside the EU?
- How does GDPR interact with PSD2?