GDFM | GDPR General Data Protection Regulation
GDPR | Data Governance and General Data Protection Regulation
The EU General Data Protection Regulation is the most important and significant change in data privacy regulation in 20 years. We’re here to help you prepare.
After over four years of discussion, the new EU data protection framework was adopted on 8th April 2016. It takes the form of a Regulation – the General Data Protection Regulation (GDPR). The GDPR will replace the current Data Protection Directive and will be directly applicable in all Member States without the need for implementing national legislation. It will take effect on 25th May 2018, regardless of the United Kingdom’s exit from the European Union.
“It is paramount to understand how GDPR will change not only the European data protection laws but nothing less than the whole world as we know it” – Jan Phillip Albrecht LL.M, Member of the European Parliament and Vice Chair of its Civil Liberties, Home Affairs and Justice Committee
Alongside our strategic partners, GD Financial Markets has the legal, technology, data and consulting capabilities to help our clients to prepare and comply with specific and all aspects of the GDPR:
- Data discovery. Data analysis and discovery tool with GDPR accelerator to quickly identify high risk data sets and build a single customer view.
- Risk assessment. Deploying our proven 9 Pillars Approach, we perform a GAP analysis of the organisation current state against the requirements of the Regulation.
- Delivering compliance. Deliver the programme and activities across business functions to enable our clients to comply with the regulation.
- Legal advice. Legal oversight that can be used to demonstrate all reasonable steps have been taken to ensure compliance.
- Ongoing monitoring and data subject management. Enabling the organisation to demonstrate ongoing compliance; consent and breach management, managing subject access requests and reviewing key processes.
- GDPR compliance application. We have developed an in-house compliance application to enable our clients to plan and track their GDPR compliance journey, both ahead of 25th May 2018 and on an ongoing basis.
We can deliver work in collaboration with our strategic partners, or individually, depending on the specific requirements of the organisation.
- Data accuracy and readiness
- Data quality maintenance and minimisation
- Referenced single customer view
- SARs request
- Data portability
- Data breach service
- Data management consulting & data advisory services
- Data management (discovery, mapping and analysis resources)
- Data process re-engineering (systems, data and organisation)
- Application and system changes
- Expert legal opinion
- Risk assessment & prioritisation
- Compliance review & assurance
- Legal interpretation