In 2023, European supervisory authorities imposed 746 million Euros in GDPR fines on financial institutions. Meta received a record 1.2 billion Euro penalty, while smaller breaches still triggered 50,000+ Euro fines. Financial institutions face unique GDPR challenges due to their extensive data processing activities and regulatory obligations. This course covers essential compliance requirements including lawful bases, data subject rights, international transfers, and breach response procedures. You'll learn to navigate the complex relationship between GDPR obligations and financial sector regulations, ensuring your institution maintains compliance while meeting operational requirements.
This course is suitable for all audiences.
-identify GDPR compliance requirements for financial institutions
-demonstrate knowledge of lawful bases and data subject rights
-apply GDPR principles to common financial services scenarios
