FCA warns firms to be responsible when handling client data

The FCA has issued a statement reminding firms about their duties and obligations in relation to customer data.

The key messages are:

• Even in the current environment, safeguarding customer data is of paramount importance
• Make sure you are aware of the legislation that applies to your business
• Locate and follow the guidance provided by the FCA and ICO
• The FCA will take action if breaches are discovered

Read the full statement here:

 https://www.fca.org.uk/news/statements/fca-warns-firms-be-responsible-when-handling-client-data