How does the General Data Protection Regulation (GDPR) affect financial intelligence exchange with third countries?

What is it about?

This paper examines the probable effect of the General Data Protection Regulation of the European Union on the transfer of financial intelligence to a third country without an adequacy decision. Membership in the Egmont Group of Financial Intelligence Units does not guarantee unrestricted international intelligence exchange. Existing data protection regulations in Bangladesh are inadequate. This may forbid the transfer of the financial intelligence linked to EU data subjects to Bangladesh.

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