According to the official EU website, the purpose of this new law is to “harmonise data privacy laws across Europe, to protect and empower all EU citizens data privacy and to reshape the way organisations across the region approach data privacy.”  

Here at Novus Wealth Management, due to the very nature of our business, data security has always been our top priority.

Long before this new regulation came to fruition, we as a business have always had in place suitable physical, electronic and managerial procedures to safeguard and secure all data collected, both in person and on our website.

We are in the process of updating these internal procedures, and contacting clients to comply with the updated regulations, including making it clear to those we interact with how we will be using their data in the future.

GDPR is undoubtedly a huge undertaking for businesses here in the UK and beyond but, as always, our team will continue to be vigilant when it comes to the protection of our client’s data, their privacy and our security protocols.

If you have any queries relating to your personal data, please contact a member of our team today.