In the midst of the buzz surrounding debanking, numerous issues have emerged, but most have arisen from the process at the heart of the issue: the Data Subject Access Request (DSAR). When individuals find themselves dissatisfied or bewildered by an organisation's decision, they often turn to a DSAR. It grants them access to their personal data held by the organisation, providing an explanation and possibly a means to challenge the organisation. Even before the recent surge in attention, banks, especially those catering to high net and ultra-high net worth individuals, have encountered DSARs from debanked individuals as a precursor to litigation or a substitute for pre-litigation disclosure.
In this podcast, we explore the DSAR process through the lens of debanking. With an esteemed panel of experts, we'll navigate the key points, shed light on crucial considerations for data controllers, and unravel the pressing issues that arise in debanking situations.
Listen to our podcast on Debunking Debanking here to learn more about the rules and risks when you are thinking about offboarding a banking customer.
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