💽 Data Licence Agreement
A data licence agreement is a contract between a data provider and a data user that sets out the terms and conditions under which the data may be used. The agreement will typically cover issues such as how the data may be used, how it will be protected, and who owns the rights to the data.
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Supply And Resell Personal Data Licence (Financial Services)
The document highlights the obligations and responsibilities of the parties involved, including the licensor's duty to provide accurate and up-to-date personal data, while the licensee is required to utilize the data strictly for legitimate and authorized purposes within the financial services sector. Specific provisions may be included to emphasize the importance of data protection and confidentiality, ensuring compliance with relevant data protection legislation such as the General Data Protection Regulation (GDPR) in the UK.
Furthermore, the template may address issues regarding the duration of the license, potential restrictions on data usage, and obligations concerning the secure storage and handling of personal data. It may also cover aspects like dispute resolution mechanisms, termination clauses, and any additional provisions necessary to safeguard the interests of both parties involved in the licensing agreement.
The primary objective of this legal template is to establish a legally-binding agreement that defines the terms under which personal data can be shared, supplied, and resold within the financial services industry, while ensuring compliance with applicable UK data protection laws. By utilizing this template, businesses operating in the financial sector can establish a transparent and mutually beneficial relationship while recognizing the importance of protecting personal data and maintaining data privacy standards.
Publisher
Genie AIJurisdiction
England and WalesSupply And Resell Personal Data Licence Outside EEA
Publisher
Genie AIJurisdiction
England and WalesData Sharing Licence
The template may include clauses pertaining to the purpose of data sharing, the types of data being shared, the duration of the agreement, the responsibilities of the parties involved, security measures, data retention policies, data access and correction rights, data breach notification procedures, and provisions regarding the transfer of data outside the UK or the European Economic Area (EEA).
By utilizing this legal template, organizations and individuals intending to share data can establish a clear legal framework that governs their activities, protects the rights of data subjects, and ensures compliance with applicable data protection laws. It serves as a critical tool in facilitating data sharing activities while maintaining legal and ethical standards of data privacy and protection in the United Kingdom.
Publisher
Genie AIJurisdiction
England and WalesAssociated business activities
Share or acquire data
A contract between two parties that sets out how data can be used, shared and distributed. Can be used to share data between businesses, or between a business and an individual. Can also be used to transfer data from one party to another, or to allow access to data for research or other purposes.
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