23. October 2017

The CTS system is preparing for new regulation in personal data protection – General Data Protection Regulation (GDPR) which replaces Data Protection Directive 95/46/EC and was designed to harmonize data privacy laws across Europe, to protect and empower all EU citizens data privacy and to reshape the way organizations across the region approach data privacy. The CTS system can recognize personal data, can export it and based on the bank´s request can anonymize the data or the CTS system can evaluate if the personal data can be anonymize and retention period begin. Enforcement date for regulation is on 25.5.2018.