Secondment/Project Support: Data Privacy

Client Initiative Situation How We Helped Outcome
client

Client

Leading Asset Management Firm

initiative

Initiative

Preparation for Data Privacy Compliance

situation

Situation

In anticipation of a potential SEC privacy compliance review, a leading asset management firm sought to validate the current state of its data privacy compliance program and prepare for anticipated changes in global privacy laws. The client engaged RGP Legal to help ensure the assessment was precise and comprehensive.

howwehelped

How We Helped

We developed a three-phase approach to the project: (1) initial assessment and data collection; (2) gap analysis and development of a uniform privacy compliance approach; and (3) knowledge transfer and remediation, as needed.

Responsibilities included:

  • Refining GLBA customer notices, website privacy statements and privacy compliance policy
  • Preparing new information security policies and ensuring proper documentation of related policies
  • Establishing monitoring and response tools
  • Conducting training
  • Providing knowledge transfer
outcome

Outcome

After gaining a full understanding of the client’s environment, RGP Legal generated an inventory of potential applicable regulations, identified gaps and, together with the project sponsor, developed short and long-term remediation plans.