In good time before the customer elects to data export to the firm, a firm must provide the customer with appropriate information to help the customer make an informed choice as to whether or not to agree to data export to the firm. This information must include:
- (1)
the name of the persons who will be the data controllers both before and after the data is exported;
- (2)
the nature of the processing which will take place to export the data and once the data is exported; and
- (3)
the purpose for which the data will be processed both during data export to the firm and once the data has been exported.
