Knowledge Base

Which article of the Criminal Code sanctions breaches of banking secrecy?

Article 226-1 of the Criminal Code

Article 226-13 of the Criminal Code

Article L.511-33 of the Code monétaire et financier

Article 32 of the GDPR

What technical and organisational measures are required by Article 32 of the GDPR to ensure appropriate data security?

Pseudonymisation and encryption of data

Resilience to incidents and data restoration

Implementation of testing procedures and regular assessment

All of the above measures

What obligations does PSD2 impose regarding open banking?

Access to account data by authorised PSPs

Security of shared data

Confidentiality of information

All of the above

What is the main legal basis for data processing in the financial sector under the GDPR?

Explicit consent of clients

Legitimate interest of the institution

Contractual performance and legal obligations

The need to protect people's lives

The Privacy by Design principle (Article 25 of the GDPR) requires that data protection be integrated from the design stage of systems.

True

False

Categorize items by dragging them to the appropriate zones

Items to categorize:

Banking secrecy

Appointment of a DPO

Anti-money laundering (AML/CFT)

Maintenance of processing records

Categories:

GDPR

Financial sector

Banking secrecy

Click to see answer

A data breach must be notified to the CNIL within 48 hours.

True

False