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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Website of the New Hungarian DPA Launched Today

  • Post category:Hungary

While the EU Commission announced today that it will initiate infringement proceedings against Hungary, the new Hungarian DPA has silently launched its website under the link www.naih.hu. The Hungarian site…

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