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In Focus Consumer Credit


incorporate an online tool to help the organisations generate them automatically.


Transfers on the basis of a European Commission adequacy decision The government has also made clear its intention to seek adequacy decisions for the UK. An adequacy agreement is one that


would recognise the UK’s data-protection regime as essentially being equivalent to those in the EU. It would, therefore, allow data flows from the EEA and avoid the need for organisations to adopt any specific measures. But any such adequacy decisions will not


be in place before the UK leaves the EU (and will take time to conclude). However, organisations need to consider their own


But any such adequacy decisions will not be in place before the UK leaves the EU (and will take time to conclude). However, organisations need to consider their own circumstances and what transfer mechanisms are appropriate


circumstances and what transfer mechanisms are appropriate.


Next steps The guidance we have produced will help organisations plan ahead and ensure that personal data continues to flow. We will be providing further information


to the small number of organisations in the UK that rely on approved Binding Corporate Rules for their transfers to explain how they may be affected. We will continue to help all organisations


understand how any future changes in data protection regulation will affect you and the measures you need to put in place. CCR


Edited from a blog written for the Information Commissioner’s Office website


At Collect My Debt Limited we are able to collect any business-to-business related debt. Our main focus is to collect debts in full or put a sensible payment arrangement in place within 7 days of receiving your instruction. Collect My Debt do not charge any administration or up-front costs for implementing this type of service. There are sliding scales of commissions deducted from any monies collected:


Our Typical Recovery Success Rates are:


of business-to-business debts are recovered within


days of instruction


45% 2-3


of business-to-business debts are


68% recovered within days of instruction 7


of business-to-business debts are


89% recovered within 21-28 days of instruction


Available 24/7 Across 365 Days Tel: 0800 612 5161 Email: info@collectmydebt.co.uk Web: www.collectmydebt.co.uk


February 2019


www.CCRMagazine.com


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