Compliance Consultancy & Training

GDPR requires that organisations contracting with another, where this agreement includes the processing of personal data, ensure that certain clauses are included within a contract between both parties. In January 2020, the Danish Data Protection Agency released standard clauses that must be included within contracts and this was adopted by the European Data Protection Board. It seems that it is now a good time to reflect on the requirements and double-check you have everything in place.

If there’s one common misconception about compliance training, it’s that the training itself must be stiff, dull and uninspiring. There is a lot to learn when it comes to financial services compliance and new developments every year can pile on the pressure to keep up. So, advances in training formats are always welcome, especially when they come with advantages such as enhancing knowledge retention.

Retained knowledge decreases over time. Successful firms need to find ways to re-teach, or constantly teach, knowledge in a way that captures the learners' imagination. Again, the more interactive and imaginative the training, the better the retention results.