How EU regulations will affect UK financial firms

Despite Brexit, new European Union regulations governing data protection are still set to impact upon the UK’s financial services sector.

With the EU General Data Protection Regulation (GDPR) taking effect in the UK from May 25, 2018, it’s no surprise that the financial services sector has seen data protection driven up the agenda at banks and insurance providers. But what impact are data privacy auditing and compliance issues having on the broader financial services ecosystem?

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