A risk management program is an essential part of any organisations compliance regime and provides a multifaceted approach to identifying, evaluating, preventing and monitoring risk at an internal and external level. All organisations are subject to a certain level of risk from areas such as money laundering, data protection and information security. However, some businesses […]
Last month, the Financial Conduct Authority (FCA) handed out a £37,805,400 fine to the London branch of Commerzbank AG for significant failings related to anti-money laundering controls and measures. This costly fine included a 30% discount, as the firm offered to settle at an early stage of the investigation. The full fine without an early […]
During the Covid-19 crisis, it is more important than ever for regulated firms to consider their approach to treating customers fairly and vulnerable customers. The FCA have published a statement on their expectations for firms to maintain a high-level of compliance in both areas and for organisations to assess their existing controls and measures to […]
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Do Your Staff Need GDPR Training? GDPR staff awareness training may get overlooked within the standard data protection training programs. However, making sure your employees are aware of the GDPR basics and how the rules apply is important. Moreover, it is a legal requirement under the Regulations to ensure staff are knowledgeable about data subject […]
The NCSC (National Cyber Security Centre) have recently reported that they have detected more UK Government branded scams relating to coronavirus than any other subject. The FCA have published statements on their website regarding information security and the coronavirus. “The exceptional circumstances introduced by coronavirus have required firms to change their ways of working at […]
GDPR Policy Template Toolkit Samples are essential so that you can see what you are getting when you buy one of our GDPR policy template packs. With so many data protection policies and GDPR documentation toolkits to choose from, how do you know which is right for you? Knowing which provider to use for your […]
The FCA has published a statement regarding consumer protection and ongoing compliance during the Coronavirus (Covid-19) pandemic. The financial services and consumer credit regulator has emphasised that they still expect regulated firms to demonstrate a high-level of compliance when it comes to treating customers fairly and dealing with vulnerable customers, especially as the ongoing situation […]
The World is a very different place than it was a few weeks ago and businesses are now operating in a time of flux, with many not being able to operate at all. With so many employees working from home and contact with customers being made in new or different ways; you need to ensure […]
How robust your data protection program is may be being tested during this difficult time, with employees working from home and others in workplaces with an abundance of staff absences. Having compliant GDPR and DPA18 policies, procedures and controls in place is mandatory, but has never been so important. How you process personal data during […]