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UK finance, privacy watchdogs outline rules for sharing data on vulnerable customers

( March 27, 2026, 16:46 GMT | Official Statement) -- MLex Summary: UK financial firms are expected to identify and support customers in vulnerable circumstances, share relevant information where needed, and check if they receive worse outcomes than others, the Financial Conduct Authority and the Information Commissioner’s Office said in a joint statement. Firms may use and share sensitive data for this purpose, but must keep it lawful, clear, limited and secure, with extra safeguards for profiling, automated decisions and other high-risk uses, the watchdogs said Friday. Statement attached.  ...

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