The EU General Data Protection Regulation (GDPR) sets a new, extraterritorial standard for client data protection

In a now recurring story, the European Union has created regulation that effectively captures the majority of transactions around the world. It will require a broad range of new compliance and reporting. Violation is subject to major fines. This time however, the regulation is not specific to the financial world but applies to all sorts of transactions. Welcome to the EU General Data Protection Regulation (GDPR).
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