This course is provided in partnership with Eversheds LLP, of One Wood Street, London, EC2V 7WS.
The course will be a high level introduction to certain key changes under GDPR (which will come into effect in May 2018) and what these will mean in practice for consumer credit providers, specifically alternative lenders, in the UK. The session will mention (amongst others):
- the new penalties for data protection breaches (including percentage turnover fines);
- additional fair notice information required in borrower facing privacy notices;
- new rules around consents and
- how GDPR will affect contracts with service providers.