3 Ways to Improve Your Cyber Security

What is Cyber Security? The term cyber security simply means protecting your devices and networks from cyber attacks. Computers, smartphones and tablets are an essential part of every day life. Whether it’s via email, app, the internet or connection to a network, all our devices are susceptible to unauthorised access. Cyber criminals continually find new […]

What Are GDPR Technical and Organisational Measures?

The GDPR refers to the ‘appropriate technical and organisational measures’ 92 times! This alone emphasises the importance of having these measures in place. But what are they? Unfortunately, the Regulation doesn’t go into any detail about these measures and what exactly they are. Hence the creation of this article.

GDPR Data Protection Impact Assessment

Article 35 of the General Data Protection Regulation (GDPR) focuses on the Data Protection Impact Assessment (DPIA) and what obligations organisations have in considering and carrying them out.

Where processing is likely to result in a high risk to individuals, an impact assessment is the tool used to protect the individual(s) and their information as far as possible.

Using the 6 Outcomes to Effectively Implement TCF

The FCA adopted the TCF outcomes and standards from the FSA, with the aim of continuing to ensure fairness, clarity and transparency in the financial and credit sectors and affording consumers using finance products and services, due consideration and increased confidence.

TCF continues to remain central to the FCA’s priorities and business plan year on year, with organisations being expected to embed and embrace the TCF culture and 6 desired outcomes.

How To Carry Out an AML Risk Assessment

A company’s size, scope and sector help to determine the types of money laundering risks posed. An assessment is carried out across the entire business to identify and record risk factors. The records must be kept up to date, unless the relevant Supervisory Authority advises otherwise in writing. In addition to legal and regulatory compliance, reasons for carrying out an AML risk assessment are: –

Write a Due Diligence Policy

When you write a due dilience policy from scratch, it is important to understand your aims and obligations. Identify if you have any specific regulations or industry requirements for the Know Your Customer Controls. Businesses with obligations under the Money Laundering Regulations will want to write a due diligence policy that ties in with their […]

Create an Effective Outsourcing Policy

Nearly every business outsources some services or functions to a third party. Learn how to create an effective outsourcing policy in this article. Your suppliers and service providers need to be as compliant as you are! What is Outsourcing? The general definition of outsourcing is where a business choses an external provider to perform one […]

GDPR Templates to Compy with the GDPR

Is One GDPR Policy Template Enough? The GDPR has now been in force in the UK since 2018. However, there are still hundreds of new and existing businesses who need to comply with the UK’s data protection framework. Unfortunately, it is not as simple as drafting one GDPR Policy! A suite of data protection policy […]