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In the context of a fraud investigation being conducted by the Ukrainian Bureau of Economic Security, the UK High Court has permitted a bank to disclose two schedules of data to the overseas regulator in satisfaction of a Ukrainian court order.
In the context of a fraud investigation being conducted by the
Ukrainian Bureau of Economic Security, the UK High Court has
permitted a bank to disclose two schedules of data to the overseas
regulator in satisfaction of a Ukrainian court
order.
Amongst other issues, the UK court was required to decide if one
of the derogations contained in Article 49 UK GDPR applied. In this
case, the court permitted the disclosure on the basis that the
Article 49(1)(e) derogation applied, with the transfer being
“necessary for the establishment, exercise or defence of
legal claims”.
Our cyber team consider the decision in more detail in this post
to A&O Shearman on data.”
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