UK data protection changes turn tables on firms
Regulators are increasing pressure on UK firms to demonstrate data protection compliance
Changes to strengthen data protection rules are adding to the compliance burden of UK financial firms.
Newly toughened enforcement powers and a principles-based regulatory regime are moving the task of proving compliance with information security standards to the firm, rather than the regulator or individuals.
"The compliance requirements are in a state of flux. The UK has moved to principles
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