FROM Commissioned by How to Tackle the Challenges of GDPR An essential guide to understanding and implementing the requirements of General Data Protection Regulation (GDPR)2 How to Tackle the Challenges of GDPR Financial institutions around the world are bracing themselves for the onset of the EU’s General Data Protection Regulation (GDPR), which introduces eye-watering financial penalties for firms failing to meet stringent new rules on managing the personal data of EU residents. From May 2018, businesses will be required to provide evidence of consent for use of an individual’s personal data and meet requests from individuals to delete and correct errors in the information. Businesses must also provide regulators with copies of the data on demand. The financial services indus

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