Complying with data legislation has an enormous bearing on the ways corporate data is managed.  Data compliance procedures will only become more stringent in the future and no organisation can afford to ignore data quality.

Data legislation varies from country to country.  Please click on any of the links below for data legislation requirements in the countries listed.  This list is not exhaustive, so please check data protection legislation in your own country.

Financial services organisations are required to comply with The Markets in Financial Instruments Directive (MiFID) which came into effect on 1 November 2007, and the Basel II agreement.  Both Basel II and MiFID require organisations involved in trading relationships to plan and act to mitigate against various types of risk to  demonstrate how they do this.  Please click here for more information on Basel II and MiFID.

Whatever your requirements, DQ Global understands the issues involved in complying with data legislation and are able to deliver software systems to ensure that companies affected by the regulations are able to demonstrate their compliance.

Data privacy guide

The eight principles of data protection:

• Only use personal data with informed consent from the individual
• Only use personal data for lawful and disclosed purposes
• Only use and store data that is adequate and relevant to your job
• Keep all personal data up to date
• Keep personal data for only as long as it is necessary
• Always respect the rights of individuals when processing their data
• Keep data safe
• Do not transfer data outside the EU