gdpr compliance checklist

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7 FinTech Startups Reduce Financial Planning Compliance 40%

7 FinTech Startups Reduce Financial Planning Compliance 40% Overlooking the data-retention policy in GDPR can trigger a €50 million fine; the rule requires firms to delete or anonymize client records after seven years unless a legitimate exception applies. Ignoring it exposes a financial-planning startup to massive penalties and reputational damage.