RegTech Insight Data Privacy & Digital Identity The latest content from across the platform

Next Year’s European Data Privacy Reforms Could Potentially Have a Significant Impact on Data Storage and Access

The UK government has this month issued a call for evidence on the current European data protection legislative framework, ahead of European-wide negotiations on an update of the European Data Protection Directive 95/46/EC due at the start of next year. Reforms could potentially have a significant impact on the data storage and access requirements for…

Draft Agreement for EU-US Data Sharing on the Table with Plans for European-based Data Processing Centre

Following several months of debate (see recent coverage here), a draft agreement is finally on the table about data sharing arrangements between the US and Europe with regards to tracking terrorist financing. The potential compromise, which is to be voted on this week, could mean the eventual elimination of bulk transfers of data across the…

The Week That Was…

This week’s financial conference on the US reform bill finally saw the Office of Financial Research come under the spotlight with Republican senator for Texas Jeb Hensarling’s motion to strike the proposals from the regulation (see our initial coverage of the discussions here). The details of the discussions are now publically available and it’s interesting…

Systemic Risk Regulator Should Resemble the CRO Function and Data Utility is Likely to be Too Costly

The 22 respondents to the Securities Industry and Financial Markets Association’s recent survey (Sifma) believe that regardless of the exact structure of the systemic risk regulator, its roles and responsibilities for the overall markets should reflect those of a firm’s chief risk officer (CRO). The Sifma member firms, regulators, clearing counterparties (CCPs) and exchanges involved…