GDPR and financial advice: Consent for data processing

Ramifications for advice firms

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Rob Walton: "A firm could be in trouble with the ICO if an individual makes a complaint about being marketed to by a firm and there is no consent in place."
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Rob Walton: "A firm could be in trouble with the ICO if an individual makes a complaint about being marketed to by a firm and there is no consent in place."

In the first of a new series of articles based on the most recent meeting of the Intelliflo GDPR Working Group on the ramifications of the GDPR for financial advice firms, Rob Walton looks at consent for data processing

Consent is one of the largest areas of the General Data Protection Regulation (GDPR) and also one of the most contentious. It is far more important in the business-to-consumer arena than it is in business-to-business...

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