IMPLEMENTATION OF THE DATA MINIMISATION PRINCIPLE IN FINANCIAL INSTITUTIONS

IMPLEMENTATION OF THE DATA MINIMISATION PRINCIPLE IN FINANCIAL INSTITUTIONS

Financial institutions process large amounts of personal data, and for many different purposes. The prevention of money laundering and terrorist financing requires the processing of personal data, and with this in mind financial institutions collect data on projected turnover in accounts, relatives...

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Bibliographic Details
Main Authors: Marius Laurinaitis, Darius Štitilis, Egidijus Verenius
Format: Article
Language:English
Published: Mykolas Romeris University 2020-12-01
Series:Jurisprudencija
Subjects:
general data protection regulation
data protection
data subject
data controller
data minimisation principle
financial institution
Online Access:https://www3.mruni.eu/ojs/jurisprudence/article/view/6365

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