UK data protection changes turn tables on firms

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-based compliance. It increases the focus on common sense and due care, and the burden of proof is back

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