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Jurisdictional data protection rules may lead to conflicting requirements for PBs

Reform of data protection rules lead by the revised GDPR may lead to conflicting requirements across jurisdictions, Mark Parsons, partner at Hogan Lovells, told Asian Private Banker. Since the European General Data Protection Regulation (GDPR) came into force in May last year, concerns arose around whether private banks can still rely on the common practice making use of personal data…

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