In this talk, Chiara Rustici explains how the risks of taking the financial services sector outside of the EU legal framework could be mitigated by adherence to a so-called Art 40 Code of Conduct. The requirements, binding nature and enforcement obligations of such a professional Code on the whole sector are illustrated via the example of The City of London, but equally applicable to other financial centers round the world wishing to trade with the European Economic Area without data flows barriers.
About the speaker:
Chiara Rustici is a cross-border GDPR and EU data regulation analyst. As an independent academic researcher, she is affiliated with the Dipartimento di Ingegneria dell'Informazione, Elettronica e Telecomunicazioni (DIET), the telecommunication engineering department of "La Sapienza" University of Rome. As a professional director, she lead business units for Euromoney Financial training, Metal Bulletin, Steel Business Briefing and the Institution of Mechanical Engineers.
On a volunteer basis, she Chairs the BCS Law Specialists Group, sits on the BCS Programme, Practice and Policy Committee and is part of the BCS working party on data flows.
Formerly an International Law tutor for the University of Edinburgh, research fellow with Italy's CNR, teaching fellow in Jurisprudence at the University of Genoa, and Philosophy of Law research scholar at the university of Milan, she has published extensively on Common Law, the role of judicial precedent and case-based legal reasoning.
Chiara helped launch a GDPR Art. 40 Code of Conduct at Duke University's Center for Judicial Studies and organise in-depth GDPR workshops at the BCS. She also sits on the editorial board of the journals Frontiers in Blockchain (Smart Contracts) and Journal of Data Protection and Privacy .