What are the FCA Principles for Business?
The UK financial services firms contribute hugely to our economy, so we must be able to trust them. The primary objective of the Financial Conduct Authority (FCA) is to regulate and manage the conduct of these firms to protect consumers and the economy. This involves a broad range of roles and responsibilities, which are outlined […]
What is the GDPR ISO 27018?
The General Data Protection Regulation (GDPR) is a European Union (EU) law governing the processing of personal data across the EU. Personal data is any information about identifiable, living people (known as data subjects). It is an extraterritorial law, meaning it operates both within the EU as well as outside of it for organisations that […]
Who is Responsible for Fire Safety?
Fire safety is one of the most vital aspects of health and safety within the workplace. Legally, the overall responsibility for it falls to the “responsible person”. This can be the owner, employer, landlord, occupier or anyone with overall control of the building in question, such as a facilities manager. In practice, a lot of […]
What is the GDPR ISO 27001?
ISO 27001, created in 2013, is a framework for an information security management system (ISMS), which effectively helps an organisation with their data management, data protection, security procedures and preventive action for data breaches. By implementing ISO 27001 and becoming ISO 27001 certified, an organisation will have a secure starting point which will certainly help […]
What are the FCA Guidelines Around Safeguarding Vulnerable Persons?
The Financial Conduct Authority (FCA) have a key focus on safeguarding vulnerable persons in the financial services industry, to ensure that all consumers are treated fairly and are protected. The customer service staff in a financial services firm play a vital role in identifying and supporting vulnerable persons. Financial services firms must meet the FCA […]
What to do in the Event of a Fire
If a fire breaks out in your workplace, it’s very important to stay calm. Following the safety procedures in a prompt but composed manner is the best way to ensure everyone gets away from danger as quickly as possible. – Raise the Alarm If you are the one to find the fire – no matter […]
What is GDPR in simple terms?
What is GDPR? In this article: What does GDPR stand for? Why is GDPR important? Who does GDPR apply to? The key aspects of GDPR Why was GDPR needed? Does GDPR replace the DPA? How to become GDPR compliant What does GDPR stand for? GDPR stands for General Data Protection Legislation. […]
What are the Consequences of Breaching MAR?
The Market Abuse Regulation (MAR) is enforced across the European Union (EU) since 3 July 2016 and aims to prevent and punish those who engage in market abuse. Preventing market abuse is a vital part of the Financial Conduct Authority’s (FCA) drive to protect consumers, to enhance integrity in the market and to promote healthy […]
What GDPR means for companies
The General Data Protection Regulation (GDPR) came into effect in May 2018. It regulates the use of personal data (data relating to any identifiable, living person) across the EU. Not only does GDPR apply to companies operating within the EU, but also to companies who provide goods or services to organisations/individuals within the EU. The […]