Data Management

Question 1

What is the different between the GDPR regulations and Data protection Act?

Answer 1

Data protection act is the UK response to GDPR

Question 2

Key requirements included

Answer 2

1. Impact assessment must be undertaken for all data included
2. Data controller must be appointed
3. Breaches in data must be issued to the information comissioners office within 72 hours
4. Fines of 4% of global turnover or £17.5m
5. Policed by ICO

Question 3

Principles of UK GDPR

Answer 3

1. Data must be kept lawfully and in a transparent manner
2. Collected for specific, explicit and legitimate purposes
3. Adequate, relevant and limited for the purpose required.
4. Accurate and kept up to date.

Question 4

8 rights under GDPR

Answer 4

1. right to be informed
2. access
3. rectification
4. erasure
5. restrict processing
6. data portability
7. object
8. automated decision making and profiling

Question 5

What is encyription?

Answer 5

Transferring data into a code to make it harder to access without specific inputs.

Question 6

What is noted in the RICS Professional Standard Conflict of Interest

Answer 6

It explains the different types of conflict, how these can be managed, the importance of gaining informed consent and information barriers,