Financial Services

Compliance Podcast Network: Introducing the Cordery Head to Head @ Home series

March 10, 2021

Introducing Cordery’s new Head to Head @ Home podcast, just launched on the Compliance Podcast network. We’re exploring the most critical issues facing compliance professionals, and host Jonathan Armstrong is talking to the leading experts who are shaping the industry. Don’t miss an episode! You can listen to these podcasts here: http://compliancepodcastnetwork.net/category/head-to-head-home/

EU Data Protection – glossary

March 3, 2021

We’ve put together this glossary to help explain some of the terms used in data protection and in GDPR. If there’s a term you think we should add let us know. AVG = Algemene Verordening Gegevensbescherming, the term used sometimes for GDPR in the Netherlands (although increasingly GDPR is used too there). Adequacy Decision = Read more »

Life With GDPR: Episode 53-The KBR Document Production Decision

February 25, 2021

In this episode Jonathan Armstrong and Tom Fox are back to discuss issues relating to data privacy, data protection and GDPR. Today, they take a look at the recent UK Supreme Court decision in the KBR document production case. KBR succeeded in its UK Supreme Court battle with the Serious Fraud Office (SFO). The case Read more »

UK Modern Slavery Compliance Update: Post-Brexit & Spotlight on Financial Services

February 18, 2021

What is UK modern slavery compliance all about? Under the UK Modern Slavery Act 2015 (the 2015 Act), compliance disclosure/transparency requirements mean that an organisation with an annual turnover of UK £36 million or more that sells goods or services in the UK is required to annually publish a slavery statement demonstrating what they are Read more »

EU Data Protection – glossary

February 15, 2021

UK Post-Brexit: Sanctions, Anti-Money Laundering & Export Control Compliance

February 12, 2021

What’s this about? As of 1 January 2021 the UK has entered into a new post-Brexit phase. Looking forward, this brief article looks at the possible changes in compliance terms for the trio of Sanctions, Anti-Money Laundering and Export Controls. Sanctions Sanctions rules may affect businesses as follows: They must have in place adequate systems Read more »

Client Alert: Spanish Data Protection Regulator Fines CaixaBank €6M

January 21, 2021

Introduction The Spanish Data Protection Regulator, the Agencia Española Proteccion Datos (AEPD) recently fined CaixaBank €6m for data protection failures. Whilst Spain has perhaps been the most active regulator under GDPR, the fine is somewhat unusual as historically (other than the €5m fine for BBVA in December 2020) fines in Spain have been low. What Read more »

Life With GDPR: Episode 51 – Reduction to GDPR Fines by EU Courts

December 18, 2020

https://youtu.be/sfdQWON1Mgg In this episode Jonathan Armstrong and Tom Fox are back to discuss issues relating to data privacy, data protection and GDPR. They consider EU courts reducing fines and penalties assessed by data protection regulators. This reminds us that, as we said before, data protection authorities are likely to face challenges to high fines in Read more »

Life With GDPR: Episode 50 – The Experian Enforcement Notice Case

December 10, 2020

In this episode Jonathan Armstrong and Tom Fox are back to discuss issues relating to data privacy, data protection and GDPR. Here they consider the Experian enforcement action. Recently, the UK Data Protection Authority, the Information Commissioner’s Office (ICO), slapped Experian with an enforcement notice requiring the company to make major changes to how it Read more »