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by PeterStuer
553 days ago
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When I consulted in European financial services ICT (credit scoring and automated descisioning for asset based finance, AML etc.) the German data had an explicit regulatory restriction that data could only be obtained for one specific transaction and that that consent was not transferable. We obtained the data on company X explicitly for transaction Y. We could not pass on the data, nor simply reuse it for another purpose. Has that changed? |
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