UK Watchdog Floats New Code For Consumer Data Access

Law360, New York (August 8, 2013, 8:21 PM EDT) -- The U.K.'s data protection regulator on Thursday put companies on notice of their obligations to respond in a timely fashion to consumers' requests for access to their personal information by releasing a new code of practice and vowing to more closely examine companies' methods later this year.

The new code of practice clarifies what companies that hold financial, health or other personal data must do to comply with their existing duties under the Data Protection Act of 1998 to provide consumers that ask for information about...
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Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.