This letter from the European Banking Federation identifies some key concerns for European banks in regard to fulfilling their data protection obligations under the proposed regulation on the protection of individuals with regard to the processing of personal data.

The EBF identifies key priorities as (i) data breach notification, (ii) consent, (iii) right to data portability, (iv) profiling and (v) fraud.

The EBF also proposed a series of amendments to the Regulation which have been presented to the members of European Parliament.