The Bank of Cyprus has announced revisions to its Privacy Statement as part of its strategy to strengthen the protection of personal data and comply with European and Cypriot data protection legislation.
The updated statement relates to the processing of personal data belonging to individuals who are existing or prospective customers, representatives of customers or prospective customers, and beneficial owners of legal entities that are existing or prospective customers of the bank.
Updated data protection framework
According to the bank, the revision has been made in line with Regulation (EU) 2016/679, known as the General Data Protection Regulation (GDPR), and the Protection of Natural Persons Against the Processing of Personal Data and the Free Movement of Such Data Law of 2018 (Law 125(I)/2018).
Information for customers
The Bank of Cyprus is encouraging customers and other affected individuals to review the updated Privacy Statement to obtain information about:
- The processing of personal data
- Individual data protection rights
- Measures relating to the security and use of personal information
Access to the statement
The revised Privacy Statement is available on the Bank of Cyprus website, through the bank’s electronic service channels and at Bank of Cyprus branches.
