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 […]
What Are The Causes of Financial Misconduct?
Related Courses The aggressive sales-based culture exhibited by the financial services industry has driven numerous cases of misconduct, malpractice and fraud. This has resulted in billions of pounds in fines, which has a severe effect on consumers and the economy. Financial misconduct manifests itself in businesses in various ways, including invoice forgery, fraud and the […]
How to Prevent Fires from Starting in the Workplace
Our related Courses In June 2018, a fire broke out at the London-based food manufacturer UK Snacks Ltd. Most of their warehouse was destroyed. 120 firefighters and 20 engines responded to the blaze and took several hours to extinguish it. Unfortunately, with around 22,000 fires at non-residential properties breaking out annually, UK Snacks Ltd are […]
How will GDPR affect cold-calling?
The General Data Protection Regulations (GDPR) will certainly affect the conduct of cold calling, but it will not stop organisations from using cold calling to contact customers. Cold calling requires an organisation to process personal data, therefore GDPR will change the process to ensure that personal data is processed lawfully and fairly. Therefore, businesses which […]
How can my business prepare for GDPR?
There are two stages towards becoming GDPR compliant: creating a strategy which is specific to your business, and subsequently implementing your business’ pre-determined strategy in time for the implementation of the General Data Protection Regulations by 25th May 2018. Creating a strategy to prepare for GDPR: Here are 6 steps you could apply to your GDPR […]
How to Apply the Fire Triangle to Recognise Where There is a Risk of Fire
Related Courses The fire triangle consists of the three elements needed to create a fire: Heat, Fuel and Oxygen. All three of these ingredients must be present for a fire to ignite. Removing one or more of them can prevent one altogether. The fire triangle is therefore an important tool for recognising where in your workplace a […]
Are GDPR fines insurable?
The General Data Protection Regulation (GDPR) can fine organisations across the EU for their lack of compliance, via the Information Commissioner’s Office (ICO). The ICO can issue administrative and regulatory fines up to €20 million or 4% of an organisation’s global turnover, whichever is highest. Therefore, there is increasing concern regarding whether these fines are […]