In this post we outline some of the key data protection considerations in respect of the D&I data collection, reporting and disclosure requirements in the regulators’ proposals.
Data reporting
Whilst under the proposals the UK financial services regulators require all firms to report on employee numbers, the bulk of the proposed data reporting requirements apply only to large firms (ie all firms granted permissions under Part 4A Financial Services and Markets Act 2000 who have 251 or more employees, excluding all Limited Scope SMCR firms). Large firms must:
