The U.K. Information Commissioner’s Office, Financial Conduct Authority and Financial Services Compensation Scheme issued a joint statement warning insolvency practitioners and claims management companies to be responsible when handling personal data. The agencies state when insolvency practitioners sell personal data to CMCs, they may end up violating the EU General Data Protection Regulation and Data Protection Act. CMCs must also be mindful of the Privacy and Electronic Communications Regulation when conducting their marketing. Meanwhile, Fidzup Co-Founder and CEO Olivier Magnan-Saurin writes about what his company faced after the CNIL delivered its public formal notice in 2018.
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