What you need to know about GDPR…

gdpr

The GDPR is Europe’s new framework for data protection laws – it replaces the previous 1995 data protection directive, which current UK law is based upon.

The EU’s GDPR website says the legislation is designed to “harmonise” data privacy laws across Europe as well as give greater protection and rights to individuals. Within the GDPR there are large changes for the public as well as businesses and bodies that handle personal information, which we’ll explain in more detail later.

After more than four years of discussion and negotiation, GDPR was adopted by both the European Parliament and the European Council in April 2016. The underpinning regulation and directive were published at the end of that month.

After publication of GDPR in the EU Official Journal in May 2016, it will come into force on May 25, 2018. The two year preparation period has given businesses and public bodies covered by the regulation to prepare for the changes.

In order for us to maintain contact with our clients on a yearly basis, you will need to ‘opt in’ to ensure you are happy with this, which replaces the previous ‘opt out’ service which we had. You are able to email info@amovemortgage.co.uk to ensure that you are happy for us to contact you as well as ensure we are in touch with you regarding a re-mortgage we’ve previously done which are a minimum of 2 years. An example is if this was due in 2 years and you hadn’t opted in to us contacting you, we wouldn’t be able to contact you to process your re-mortgage.

If you have any questions regarding this, please follow the website link of https://www.eugdpr.org/ or get in touch with us for all of the information.

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