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Regulation Around the World: Open Finance
In this issue of Regulation Around the World we look at how regulators are developing their proposals for Open Finance.
United Kingdom | Publication | February 2024
This article first appeared in the January/February 2024 issue of PLC Magazine.
The right of access to personal data looks set to be a key focus area for data protection regulators for 2024 in both the EU and the UK. The European Data Protection Board (EDPB) announced that its 2024 co-ordinated enforcement action will look at how controllers implement the right of access to personal data. In the UK, data subject access requests (DSARs) remain a priority for the Information Commissioner’s Office.
Historically, there have been differences in how controllers in different European countries handle DSARs. However, alongside the enhanced regulatory focus in this area, recent European Court of Justice (ECJ) case law has indicated that the right of access should not always be interpreted as restrictively as it has been previously.
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In this issue of Regulation Around the World we look at how regulators are developing their proposals for Open Finance.
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In Sapura Fabrication Sdn Bhd and others v GAS and anor appeal [2025] SGCA 13, the Singapore Court of Appeal made important findings
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Most incidents handled by our Norton Rose Fulbright cyber team originate from the customer’s service provider. In many cases it is the service provider’s systems, infrastructure and environment which proves to be the most vulnerable to cyber breaches and security issues.
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