Data Protection Workshop

Introduction

The Data Protection Act 1998 (the Act) governs the use or holding of personal data and can apply to all records. It requires all firms that handle personal information to comply with a number of important principles regarding privacy, security and the disclosure of information. The misuse or unregistered use of personal data by the firms or its employees can result in criminal prosecution and claims for compensation under the Act. The Act's eight principles establish enforceable standards for obtaining, holding, using or disclosing information. Furthermore, appropriate security arrangements must be put in place to protect personal data. The use of personal data, essentially any information about identifiable living individuals has to be monitored by a data controller, who in turn has to comply with its requirements.

This introductory workshop covers a broad legal overview of the Data Protection Act 1998, and the application of those rules in practice in the day to day operations of a financial services regulated firm. Using practical examples and case studies, this workshop is especially useful for those seeking a concise explanation of data protection, and who wish to understand the implications of these laws on their individual responsibilities and for their firm.

Key Learning Objectives:

  • What is personal data
  • The ICO Register application
  • The Data Protection Act 1998
  • The eight principles
  • Data subjects' rights
  • Safety measures & failure to comply
  • Role of the Data Controller

Who should attend?

  • Anyone working in a financial services regulated firm, especially those working in the areas involving Compliance, Risk, Technology, Customer Data and Data Protection.
  • Anyone working in a similar role in the unregulated sector

Duration

2 hour session


All attendees will receive a participation certificate with the workshop date and times, attesting to their participation in the workshop.

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