A CATCH THEM YOUNG TRAINING JOINTLY ORGANISED BY THE NIGERIA DATA PROTECTION BUREAU AND S.P.A. AJIBADE & CO. IN COMMEMORATION OF THE 2023 NATIONAL PRIVACY WEEK.
DATE: 1ST FEBRUARY 2023
VENUE: QUEENS COLLEGE – 3, LANCASTER STREET, OFF BIRREL AVENUE, ONIKE, YABA, LAGOS.
Data privacy has become one of the defining socio-cultural and economic issue of our time.[2] The challenges of data security in our world today instigated the development of data protection laws and regulations. Some of these laws and regulations appear to be centered on safeguarding the interest of only natural persons in relation to the processing of their personal data and implicitly excludes information concerning legal entities from such protection.
In light of the rapid adoption of technology in the financial services sector, the Securities and Exchange Commission (“the SEC” or “the Commission”) spearheaded the development of a regulatory framework for the operation of FinTechs in Nigeria with the inauguration of a FinTech Roadmap Committee (“the Committee”) at the 3rd quarter meeting of its Capital Market Committee (“CMC”) in 2018.