A survey of financial advisers has found that the majority are set to miss the May 2018 deadline for complying with the new General Data Protection Regulation (GDPR) which will impose penalties for mis-using or failing to protect client data.

FinTech firms will get powers to access data from all of a consumer’s bank accounts.

The Culture, Media & Sport Committee has published a report today recommending a new custodial sentence of up to two years for those convicted of unlawfully obtaining and selling personal data.