UK:
ICO Publishes Response To SEC Request For Guidance Regarding Cross-Border Transfers And Disclosure Of Personal Data
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n response to a request from the SEC, the U.K. Information
Commissioner’s Officer, U.K.’s data protection regulator
(ICO), has published its letter to the SEC setting out the
ICO’s views on regulating relevant transfers of personal data,
which will assist firms to understand how they can comply with both
their SEC obligations and the U.K. GDPR. A U.K. firm is likely to
be able to provide requested documents containing personal data in
reliance on the “public interest” derogation in Article
49(1)(d) U.K. GDPR, but firms will have to consider whether the
transfer is “necessary and proportionate”, provide the
appropriate disclosures to customers and staff and document their
decision making process. To read the full alert, please
click here.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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