United Kingdom: Information Commisioners Office published results of review into Children's Data Protection in the Financial Services Sector

Description

Information Commisioners Office published results of review into Children's Data Protection in the Financial Services Sector

On 1 April 2025, the Information Commissioner's Office (ICO) concluded its national inquiry into how children's data is handled by service providers in the United Kingdom's financial services sector. The inquiry examined data protection practices, governance measures, transparency, and the safeguarding of individual rights, particularly focusing on children. The review identified prevalent good practices, and potential risks, and recommended improvements for ensuring compliance with established data protection regulations. Examples included the need to revisit privacy information as children age, having specific training for staff on children's data protection, and distinguishing between parents and children in marketing. The ICO plans to use these findings to support ongoing efforts to strengthen children's data protection measures.

Original source

Scope

Policy Area
Data governance
Policy Instrument
Data protection regulation
Regulated Economic Activity
other service provider
Implementation Level
national
Government Branch
executive
Government Body
data protection authority

Complete timeline of this policy change

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2025-04-01
concluded

On 1 April 2025, the Information Commissioner's Office (ICO) concluded its national inquiry into ho…