RegTech to the rescue…

(How to best defend yourself from the tidal wave of new Regulations.)

Regulatory Alphabet Soup

The veritable tidal wave of recent regulations – most notably those emanating from Europe and the EU – are taking effect almost immediately. This will require urgent action – and of the ‘across the board’ type. Consider the following three regulations:

  • General Data Protection Regulations (GDPR)
  • Markets in Financial Instruments Directive – the second missive (MiFID II)
  • Payment Services Directive – also the second version (PSD2)
Read More
personal data

GDPR – is your firm going to be compliant?

A summary of what you (and your Third-Parties) need to do.

On April 27, 2016, the European Parliament, the Council of the European Union, and the European Commission approved a new regulatory framework for personal data that will take effect on May 25, 2018.

Intended to give European Union residents and citizens greater control, the General Data Protection Regulation imposes strict rules on the nature, security, application and accessibility of personally identifiable information (PII); under GDPR, the EU’s data protection obligations extend to all foreign companies that collect, store and/or process EU citizen/resident data. It includes:

Read More