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POPIA is the new South African data protection legislation. The proclamation means that all the substantive requirements in POPIA in relation to data protection will be applicable from 1 July. These include, amongst other things, the conditions for the lawful processing of personal information and requirements for:
It’s always interesting to discover how others feel. The 2020 Thomson Reuters’ Cost of Compliance survey, launched in mid-May, shares the views of compliance officers (COs) and boardroom members from around the world (some 750 risk and compliance practitioners from institutions like banks, insurers, wealth and asset managers, broker-dealers and payment service providers).
The strongest deterrent against FSP compliance missteps is or should be: