LEGISLATION FORCES US TO DO MORE IT BETTER.The Dutch and European authorities come with new regulations that you have to comply with every year. We all embrace the motives for this: privacy, comfort, transparency. But the implementation of these regulations has consequences for your operation, from administration to reporting. Above all it takes time and energy to keep your knowledge up to date on the changes and their implications. This all imposes a heavy load on your organisation. But we prefer to see it as an opportunity to make your organisation ready for a transparent and client focused future. Our experts deal with these challenges every day. Together with you, they will quickly determine the impact of new laws and regulations so that you can quickly return to focussing on innovation and development.
We map all your processes and systems with our GDPR Assessment, then we determine where privacy sensitive data is present and add them to the requirements of the GDPR. Within four weeks, you know where you stand – and what you have to do. We can also assist you with implementation, whether it be drafting editing agreements, setting up a data registry, performing PIAs or mapping and realizing system adjustments: our GDPR Support Team is waiting for you.
PSD2 makes it possible to share account information with other companies and you can also let other companies make payments. The purpose of the directive is to make payments easier and safer. It also brings new rules with it for authentication and detecting fraud. Food for thought. What does it mean to you as a bank if someone like Apple develops a successful banking app? And will your role change if Amazon can make payments? We would like to share the consequences with you. From technical consequences to communication with the account holder.
With the appointment of the Rutte III Cabinet, the options for retirement plans have become limited to 4 variants: 2 variants with guaranteed benefit (DB) and 2 variable-rate variants (DC). The foundation of the system is a fixed funding space for pension building for all. This new tax framework will be introduced in one go. For the group of people who will be caught between these options, a transitional arrangement applies. Our experts have monitored all discussions about the changes in pension legislation and are therefore well-aware of the consequences for organizations, processes and systems. You can count on us when translating the new rules into your situation.
News, Blogs, Customer case
10 February 2017
The challenge facing KAS BANK was to implement a Customer Due Diligence policy and rationalise customer files, and all in a limited timeframe. In collaboration with ITDS, Project manager Marc Brouwer
read moreBlogs, Legislation and regulations
18 October 2017
GDPR is coming. What is it? Legislation that gives every European citizen the right of access to his or her own data. For financial institutions, ITDS Director Gerrit Vos sees challenges, but mainly
read moreWe’ll be pleased to make an appointment to meet up. Call us on 020 – 226 01 10 or send us an email.
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