Designed to meet the specific needs of financial institutions, the course covers key data protection concepts
such as consent, storage, access, and transmission, emphasising the rights of individuals and the obligations
of controllers, including management’s accountability. The training also explores nuances like anonymised and
pseudonymised data, stressing the importance of applying data protection laws even when collaborating with
external service providers.

Through interactive elements, participants gain practical knowledge in various areas such as compatible purpose
assessment, data storage, access requests, and clear communication with data subjects and the Swiss
supervisory authority FDPC. The course underscores the significance of timely communication with clients
regarding data processing, including confidentiality notices.

Notably, the training outlines FINMA’s expectations regarding data protection and clarifies the area of applicability
of the FINMA Ordinance. It also highlights distinctions between critical data and personal data, providing
valuable guidance for financial professionals.