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Saxo Bank fined DKr 2m for inadequate transaction reports
The bank made over 80 million incomplete or inaccurate reports to the Danish Financial Supervisory Authority.
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GRIP Extra: Fed to publish stress-test models, EDPB backs extending UK GDPR adequacy to Dec 2031
Our in-brief roundup of notable stories from the last week.
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Danish furniture chain fined DKr 1.5m for GDPR failures
The company failed to delete customer data, and the judgment highlights the important practice of calculating fines of GDPR violations.
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GRIP Extra: Appeals court clears CFPB takedown, CFTC reviews internal time and attendance compliance
Our in-brief roundup of notable stories from the last week.
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Datatilsynet reports 2024 as record year for new cases and data breaches
The authority issued its largest fine to date, and experienced an increase in reports of personal data breaches.
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Two new deputy directors appointed to the Danish Financial Supervisory Authority
Mette Tams Kitaj and Rigmor Ansdal will join Finanstilsynet after the summer break.
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Securities dealers must follow recordkeeping rules says Danish FSA
Thematic review points to persistent recordkeeping issues at firms stemming from inadequate controls and use of error-prone manual systems.
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Nordic DPAs sign new joint collaborative agreement on data protection issues
This year’s discussion focused on AI in law enforcement, effective case management and handling of personal data incidents.