Which regulation regarding data privacy has to be considered while carrying out a financial crime investigation?

Question

Options

• AGeneral Data Protection Regulation
• BEuropean Enforcement Order
• CSecurities Financing Transactions Regulation
• DRome II Regulation

• A
  85% (29)
• B
  9% (3)
• C
  3% (1)
• D
  3% (1)

Explanation

The General Data Protection Regulation (GDPR) is a regulation issued by the European Union (EU) that sets out requirements for the processing and protection of personal data. It applies to any company that processes personal data of individuals in the EU, and requires organizations to take appropriate measures to protect the personal data of individuals, such as implementing appropriate security measures, limiting the amount of data collected and stored, and providing clear explanations of how the data will be used. In the context of financial crime investigations, the GDPR requires organizations to ensure the security and confidentiality of personal data that they collect and process, and to take measures to ensure that the data is used only for the purpose of the investigation and not for any other purpose.

No community discussion yet for this question.