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ARTICLE · 18 MAY 2023

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Data Protection Update For Irish Funds

Maples Group
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In early 2023, the Irish Data Protection Commission ("DPC") published three decisions following inquiries into the data processing operations of Meta Platforms Ireland Limited in respect...

IrelandPrivacy
Claire Morrissey
Claire Morrissey
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In early 2023, the Irish Data Protection Commission ("DPC") published three decisions following inquiries into the data processing operations of Meta Platforms Ireland Limited in respect of its Facebook1 and Instagram Service2 and the processing carried out by WhatsApp Ireland ("WhatsApp")3 (together the "DPC Decisions").

The DPC Decisions call for a higher level of transparency on how individuals' personal data is used. Although they concern social media businesses, the transparency requirements apply to all businesses controlling personal data including investment funds. In this update, we examine the key findings arising from the DPC Decisions relating to the provision of information to individuals.

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