Belgium | Cross-Border Publisher: Banking Confidentiality

Regulations on customer confidentiality create a particular burden for banks. From understanding the limits of banking confidentiality to informed consent for bank customers, there is a need for a fast and easy way to find legal information on banking confidentiality, particularly for banks that operate in multiple jurisdictions.

The Solution

Clifford Chance Applied Solutions created Cross-Border Publisher: Banking Confidentiality to support compliance with banking confidentiality regulations. It is a digital solution which allows businesses to quickly find and compare the answers to banking confidentiality questions across multiple jurisdictions.

Cross-Border Publisher: Banking Confidentiality is integrated with Cross-Border Publisher: Data Protection for users that want to access data protection and banking confidentiality requirements on the same platform. 

Legal Guidance

The product supplies legal guidance from Clifford Chance on banking confidentiality issues to support compliance with local banking regulations. Currently, the product applies to 17 jurisdictions within Europe, with additional jurisdictions added on demand.

Relative Advantage

Cross-Border Publisher: Banking Confidentiality gets rid of the need to research banking confidentiality requirements. The Relative Advantage Calculator on this page shows a conservative use case for a single jurisdiction, and the amount you would save compared to doing the tasks without the benefit of our software. For the calculator, we've taken an hour as the estimate for a lawyer charging £350 (or its equivalent) per hour to research the answer to one of our topics. We've also assumed a user will use the product thirty times a year. Our assumptions are conservative ones based on our experience. If you'd like to change those assumptions, you can do so in the calculator and run the numbers again. The value delivered by our software is meaningful in the vast majority of circumstances, and exceptional as your usage increases.

Easy-to-read

Simple and easy-to-read guidance from Clifford Chance is delivered in a question and answer structure. The online software helps banks make the right decisions for banking confidentiality.

Multiple users

The product is available to multiple employees and teams, providing a single source of knowledge that can easily be shared. This includes the ability to download and email reports.

Important terms

• The price quoted is for a subscription limited to ten users. If you need a subscription for more than ten users, please contact PartnerVine.
• Once purchased you will receive an email from the CCAS Support Team requesting details of users who should be subscribed to the product. The details they will ask for include names and email addresses. Access will then be provided within 24 hours (on a working week basis).
• Your subscription will last from the date of purchase for the term of subscription and two days, to allow time for onboarding.

Support

Cross-Border Publisher: Banking Confidentiality is accessible 24 hours a day. All users can take advantage of the instant access to customer support that comes with the product through an in-built chat function.

Free trial

The free trial for this product is a sample of answers from Cross-Border Publisher: Data Protection. The free trial gives a good understanding of the user experience of Cross-Border Publisher: Banking Confidentiality, but does not provide answers specific to banking confidentiality.