Why strengthening personal data protections poses a looming challenge for the Canadian investment industry
The IIAC argues the proposals will “impose a significant burden on both firms and clients that will not afford additional investor protection”
Senate banking committee report makes recommendations following hearings
Privacy commissioner will determine whether the agency’s plan is lawful or not
Committee hearing expected on Nov. 8
A major motivation for businesses is the risk of being sued by those harmed by a privacy breach
“No-go zones” set useful boundaries for individuals and organizations
Besides having potentially hefty fines, the GDPR’s scope is also sweeping
New regulations for the Personal Information Protection and Electronic Documents Act take effect Nov. 1
The goal is to help clients better protect their data