In February, amendments to Turkish Banking Law No. 5411 introduced important provisions regarding how banks handle confidential customer data. Based on these provisions, the Banking Regulation and Supervision Agency introduced a secondary regulation that was finalized in March, the Regulation on Banks’ Information Technology and Electronic Banking Services. Gün + Partners' Begüm Yavuzdogan Okumus, CIPP/E, and Direnç Bada, CIPP/E, examine how the amendments take on the definition of personal data, system localization and enforcement sanctions for noncompliance.
Full Story
Comments
If you want to comment on this post, you need to login.