Following our successful first series of webinars, we are thrilled to announce our first guest speaker for this series: Rob Bielby, founder of the Marketing Innovation Group. Rob’s business has specialised in data driven direct marketing for 20 years but in the last decade he has worked on high profile retail insolvencies helping to recover and monetise data assets.
The new GDPR (or General Data Protection Regulation) will come into force on May 25th 2018, but how does this affect insolvency professionals?
Under these new rules, insolvency practitioners will be designated as data controllers and have specific requirements under the law that will need to be addressed. Disposing of data assets in insolvency will therefore become more difficult, but will also present more opportunities for monetisation if the appropriate processes and protocols are followed; otherwise, insolvency practitioners will be risking fines of €20m or 4% of global turnover, whichever is greater.
This webinar provides a useful introduction to the value of data in insolvency, the differences between current regulations of data in insolvency and the new rules that will come into force next year. We also discuss the potential and routes to commercialising data in insolvency.
- The value of data in insolvency
- Current regulations governing the sale of data in insolvency
- New GDPR coming into force in May 2018 and how this affects insolvency professionals
- Routes to commercialisation of data