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GDPR: six months to go, yet financial sector remains behind the curve

On 25 May, all organisations will have to achieve compliance with the General Data Protection Regulation (GDPR) or face fines of up to €20 million, or four percent of annual global turnover (whichever is greater). Not only are financial sector firms subject to these measures, they are likely to be one of the most impacted sectors.

With only six months to go, financial sector firms should now be in the midst of impact assessments and remediation programmes to ensure compliance before the enforcement date. However, many firms within the industry have yet to begin to implement the measures, processes and controls required.

GDPR: six months to go, yet insurance sector remains behind the curve

On 25 May, all organisations will have to achieve compliance with the General Data Protection Regulation (GDPR) or face fines of up to €20 million, or four percent of annual global turnover (whichever is greater). Not only are insurance firms subject to these measures, they are likely to be one of the most impacted sectors.

With only six months to go, insurance firms should now be in the midst of impact assessments and remediation programmes to ensure compliance before the enforcement date. However, many firms within the sector have yet to begin to implement the measures, processes and controls required.

STEP launches ‘The Informed Trustee’

During Trustees’ Week, the Society of Trusts and Estates Practitioners (STEP) – the global professional association for practitioners who specialise in family inheritance and succession planning – launched an innovative new online course for charity trustees, as part of its commitment to providing education in the field of trusts and trusteeship.

Charity Trustees - It’s a man’s world

During Trustees’ Week the important work that Charity Trustees do has, once again, come under the spotlight. New research – commissioned by the Office for Civil Society and the Charity Commission, and led by Cass Business School and the Cranfield Trust – found that charities need to do more to promote diversity on their Boards to reflect the communities they serve.
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