Regulatory Alerts2015-11-25
Circular 7/2015 of the Bank of Spain on the Creation and Modification of Personal Data Files
The Bank of Spain issued Circular 7/2015 to update its personal data processing records in compliance with Spanish data protection laws and organizational changes. The regulation creates one new file for non-financial corporate groups and modifies thirteen existing files, primarily by adding data collection procedures and updating security or reference norms. These changes ensure that the Bank's handling of personal data for supervisory, statistical, and administrative functions remains legally compliant and transparent.
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