Guidance on the DPA Registration of Financial Service Providers

  • Post category:Hungary

The Hungarian Information Act (effective from 1 January 2012) requires the notification and registration of customer related data processing activities of financial service providers (namely banks, insurance companies and investment service providers) located in Hungary, which is a prerequisite of commencing data processing operations. Yesterday, the Hungarian Data Protection Agency has released a comprehensive guidance on the DPA registration requirements of financial service providers located in Hungary, which document defines the exact scope of DPA notification requirements.

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DPA Communication on Pending Data Protection Registrations

  • Post category:Hungary

The Act No CXII of 2011 on Informational Self-Determination and Freedom of Information introduced excessively burdensome data protection registration requirements for data controllers. Under the new rules, notification of data…

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