Regulatory Alerts2011-01-26
Circular 1/2011 of the Bank of Spain on the creation, modification and deletion of personal data files managed by the Bank of Spain
The Bank of Spain issued Circular 1/2011 to update its personal data registry by creating ten new files, modifying thirteen existing ones, and deleting four obsolete files in response to organizational and regulatory changes. The circular establishes specific data processing purposes, security levels, and data sharing protocols for files related to cash operations, supervised entities, and internal human resources management. It mandates that data transfers for certain HR files require explicit consent and ensures compliance with Spanish organic data protection laws and international transfer regulations.
Share