Financial Institutions and Fintech Licensing in the EU
Comprehensive advisory on financial institution licensing, passporting and regulatory compliance across the European Union and beyond.
Integration of privacy by design and default principles into business processes and technologies in line with GDPR requirements.
Data protection by design means that you embed data privacy features and data privacy enhancing technologies directly into the design of your projects at an early stage. To implement data protection by design you shall:
This will help to ensure better and cost-effective protection for individual data privacy. Data protection by design is less a set of requirements as it is a general approach to GDPR compliance.
Data protection by default means that service settings shall automatically be data protection friendly.
Data protection by default is the principle according to which:
This principle covers the amount of data collected, scope of processing, storage period and accessibility.
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