Inter-relationship between AML and CTF tipping off offences and DPA data subject access requests | Practical Law

Inter-relationship between AML and CTF tipping off offences and DPA data subject access requests | Practical Law

Consideration of the potential conflict between the anti-money laundering (AML) and counter-terrorist financing (CTF) tipping off offences under the Proceeds of Crime Act 2002 (POCA) and the Terrorism Act 2000 (TACT) respectively and the Data Protection Act 1998 (DPA) subject access request provisions. This note covers the relevant legal provisions and explains how the potential conflict can be managed by financial institutions.

Inter-relationship between AML and CTF tipping off offences and DPA data subject access requests

by Practical Law Financial Services
Law stated as at 24 May 2018 • United Kingdom
Consideration of the potential conflict between the anti-money laundering (AML) and counter-terrorist financing (CTF) tipping off offences under the Proceeds of Crime Act 2002 (POCA) and the Terrorism Act 2000 (TACT) respectively and the Data Protection Act 1998 (DPA) subject access request provisions. This note covers the relevant legal provisions and explains how the potential conflict can be managed by financial institutions.
Please note: This note has not been reviewed in the light of the changes introduced by the General Data Protection Regulation ((EU 2016/679) (GDPR) (which applied from 25 May 2018) or those in the Data Protection Act 2018 (DPA). For more information, see EU General Data Protection Regulation: Practical Law coverage and Practice note, Data Protection Act 2018: overview.