Data Sovereignty & Cross-Border Data Transfers: Evolving Risks and Compliance Strategies in Financial Services (Recording)

As financial institutions become more reliant on global data infrastructure — from cloud services to outsourced vendors — the legal landscape around data sovereignty and international transfers is becoming more fragmented and risk-intensive. This session will explore key developments in cross-border data regulation, with a special focus on implications for financial services organizations operating across jurisdictions, especially between the U.S. and Canada.

The session will cover:

• A brief overview of data sovereignty concepts and why they matter in the financial services context.
• Emerging risks related to data localization requirements, government access concerns, and transfer impact assessments.
• Practical guidance on embedding privacy and data transfer controls in vendor contracts and enterprise data governance frameworks.

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FINANCIAL SERVICES NETWORK COMMUNITY