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: