Topic 24 Flashcards
Under the General Data Protection Regulations, the definition of ‘sensitive personal data’ includes all of the following areas EXCEPT:
A. proceedings in civil courts
B. religious beliefs
C. political persuasion
D. mental health
A. proceedings in civil courts
Fred has requested a copy of his personal data held by his bank. The General Data Protection Regulations requires that:
A. the bank limits any administrative charge to a maximum of £25
B. he first confirms his identity by providing a copy of his birth certificate or passport
C. any corrections must be completed within 14 days
D. the bank is unable to charge Fred for his subject access request
D. the bank is unable to charge Fred for his subject access request
In relation to the General Data Protection Regulations, which one of the following is INCORRECT?
A. It requires anyone holding data on individuals to be registered.
B. It gives individuals the right of access to data relating to them.
C. It applies only to records held on computer.
D. It requires anyone holding data to have a data protection policy.
C. It applies only to records held on computer.
If a company fails to comply with an enforcement notice under GDPR, what is the MAXIMUM fine that can be imposed?
A. Higher of €20M or 4% of worldwide turnover
B. £20M
C. 4% of turnover
D. Lower of £20M or 4% of turnover
A. Higher of €20M or 4% of worldwide turnover
One of the Pension Regulators powers is to be able to investigate schemes in order to identify and monitor risks. All schemes must carry out the following actions except:
A. make regular returns to the Pensions Regulator
B. provide details to the regulator of every transfer out of the scheme
C. give notification of any changes to important information
D. inform the regulator quickly if it discovered that it cannot meet its funding requirements
B. provide details to the regulator of every transfer out of the scheme
When Henry received his payslip on 21st June 2018, his normal occupational pension scheme contribution of £250 had been deducted by his employer. What is the latest date that his employer should pass this contribution to the scheme’s trustees, if the Pension Regulator’s guidelines are to be followed?
A. 22nd June 2018
B. 19th July 2018
C. 30th June 2018
D. 21st July 2018
B. 19th July 2018
As an expert in EU law, Kentons Intermediaries are seeking your advice about conducting business in other EU countries. In particular, they are seeking information on the subject of client money and professional indemnity insurance. You can advise them that they will need:
A. financial capacity of at least 5% of premiums received per annum to meet client money requirements and a minimum level of €lm per case professional indemnity insurance.
B. professional indemnity cover of at least €1m total per annum and a minimum financial capacity of €10 000 to meet client money requirements.
C. financial capacity of at least 4% of premiums received per annum to meet client money requirements and a minimum level of €2m total professional indemnity insurance.
D. professional indemnity cover of at least €1,300,380 per case and a minimum financial capacity of €15000 to meet client money requirements.
D. professional indemnity cover of at least €1,300,380 per case and a minimum financial capacity of €15000 to meet client money requirements.