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Brokers: How are your GDPR preparations going?

Tim Chen
Written By:
Posted:
November 30, 2017
Updated:
December 8, 2017

With maximum fines for breaching the General Data Protection Regulation (GDPR) being the higher of either 4% of group turnover, or €20 million – compliance is essential to anyone involved in collecting processing information and data about individuals in the context of selling goods and services.

The GDPR will come into force on 25 May 2018, and the UK government has confirmed that Brexit negotiations will not affect the start date. This week’s Mortgage Solutions poll asks brokers for an update on the status of their GDPR compliance preparations.

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