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2020 R.R.D.E. 39 (2020)
The Peculiarities of Applying Corrective Measures in the Field of Data Protection, to Operators in the Financial Sector

handle is hein.journals/rianrwioe2020 and id is 39 raw text is: Particularitaile aplicarii m-surilor corective in domeniu[ proteciei datelor, operatorilor din sectorut financiar Dr. Irina ALEXEN11 Prof. univ. dr. Daniel-Mihail ANDRUI2I ABSTRACT The processing of personal data in the field of financial services implies the understanding of an entire ecosystem. From the relationship between the European Central Bank and the national / central banks and then the relationship between those and commercial banks, until the creation of risk protection instruments, including by outlining customers the General Data Protection Regulation and the Regulation 2018/1725, respectively. All these are aiming at contributing to the smooth operation and security of data. Due to the fact that both the banking system and the insurance field are considered elements of the essential infrastructure, being essential service operators, the provisions of the NIS Directive are applicable, which leads to a greater focus on the computer and physical security of data. The Romanian national data protection authority has applied corrective measures and even sanctions to the operators in the reference fields analysed here, banking and insurance, these probably having not only the mathematical effect of the payment of fines or the implementation of procedures or the obligation to follow some demands as well as image impact, the news being taken over by both the business media and general online publications. The courts are still at the beginning and important decisions are still awaited, perhaps even at the level of the Court of Justice of the European Union. The corrective measures ordered so far by the Romanian data protection authority are analysed both with regard to the measures for the implementation of the General Data Protection Regulation and with regard to the reasoning structure N Cercetator stiintific asociat la Institutul de Cercetari Juridice ,Acad. Andrei RAdulescu al Academiei Romane. Autor al unor volume si articole in domeniu, arile sale de interes vizeaza dreptul administrativ, dreptul constitutional si dreptul european. Poate fi contactata la adresa irina_alexe@yahoo.com [ Daniel-Mihail Sandru a fondat si coordoneaza Centrul de Studii de Drept European al Institutului de Cercetari Juridice ,Acad. Andrei RAdulescu al Academiei Romane. Profesor universitar la Universitatea Cresting Dimitrie Cantemir si Universitatea din Bucuresti. Poate fi contactat la adresa mihai.sandru@csde.ro Pagina web: www.mihaisandru.ro Materialul a fost pregAtit pentru cea de-a patra Conferinta europeana a serviciilor financiare (European Conference on Financial Services - ECFS 2020) - Noua arhitectura a serviciilor financiare - inovatie si excelentA, 5-6 martie 2020, Brasov, organizata de Institutul de Studii Financiare si de Centrul de Arbitraj si Mediere in Asigurari (ACAMA). Trimiterile web au fost verificate sau/si accesate ultima data la 5 februarie 2020. DOCTRINA REVISTA ROMANA DE DREPT EUROPEAN NR. 1/2020 I39

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