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Highlights of “The Good Practice Guide For Banking Sector” Relating to The Processing of Personal Data In The Banking Sector
Which Topics Does the Guideline Cover?
Banks have been processing personal data intensively through various channels within the scope of banking activities. Personal data is mostly processed for specific purposes under the regulations. However, there was a need of a guidance for the protection of personal data so that banks could stay in accordance with the PDP Law and related regulations. Therefore the Banking Sector Good Practices Guide (“Guide”) was published by the Personal Data Protection Authority (“Authority”) in July 2022 to help navigate banks by presenting good practices related to processing personal data.
To read the full article where we cover the key points, please click here.