An event organiser captures attendees' contact details and shares them with a sponsor. Would they be acting as a processor for the sponsor in capturing the data? As well as being a data controller for their own purposes?
C: Such data sharing is no longer permitted
Answer is A. The event organiser will be both processor and controller.
But they are only controllers for the purposes and subjects they have permission to share with/for.
In collecting the data they would have to indicate their intention to share and gain consent using “opt in”.
NCA publishes Suspicious Activity Reports Annual
Of particular interest is the summary of SARs
reporting by sector. While there had been a large increase in reports by
financial firms and a rise in other sectors particularly at risk of money
laundering, there was a significant decrease in the number of reports from
lawyers. These had fallen by 11% despite law firms being seen as an
essential tool for those seeking to launder dirty money in the UK. Trust
company or company service providers saw a 26% drop in reports which is a
concern as these companies can be used to form and maintain UK companies used
by criminals to launder money.
Cold Calling on the retreat
Pensions cold-calling ban came into effect on 9 January.
How things have changed since Allied Dunbar managers told us to cold call prospects on a Sunday morning “because they are always available then!”. However if you are an FCA authorised person, you are still allowed to cold call.
From 1 April 2019, a ban on unsolicited direct marketing calls by CMCs comes into force.
A search for Cold Calling image shows just how the internet doesn’t accept double meanings!
Reminder from the Pensions Regulator
The Pensions Regulator is sending out reminders to employers of their duties, that as from 6th April 2019, the amount that will need to be paid into a workplace pension will increase to an overall minimum of 8% with employers contributing at least 3% of the total amount. There is a need to check with the payroll software provider and pensions provider to ensure plans are in place.
BIZ for sale….from time to time these come up
GI Practice located in South – no clients, just a shell company. A licence is a valuable thing.
There is also a DFM practice seeking to exit. Once again - a shell company with no trading, where the value lies in the licence.