FRT Episode 124: Is the US Entering the Global Landscape of Privacy Legislation?

Finance Regulation Technology

The global trend of new privacy regulation that is both rushed and expansive is creating challenges for international financial services firms trying to operate amid increasing and fragmented regulation. Liz Roberts, IIF General Counsel, joins us on this episode to discuss the latest draft of the American Data Privacy and Protection Act which has garnered bicameral and bipartisan support and aims to set a federal standard for data privacy. Liz discusses the drivers for this legislation, comparisons with GDPR, the fragmented landscape of regulation, and highlights what businesses and consumers alike should be looking out for before the midterm elections.