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Wise Payments claims money laundering rules triggered UK data request exemption

By Sam Clark ( March 28, 2022, 13:30 GMT | Insight) -- Fintech company Wise Payments has responded to a lawsuit brought by a cryptocurrency billionaire, citing an exemption in data protection rules on access to data. The company, formerly known as TransferWise, said in recently filed court documents that a full response to a data subject access request could have constituted a breach of the UK’s Proceeds of Crime Act.Fintech company Wise Payments has claimed it had no obligation to respond to a data access request, because of an exemption in the law relating to suspected criminal activity....

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