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Robots Glossary

GDPR (General Data Protection Regulation)

GDPR - The EU’s data-privacy law governing how companies collect, process and protect personal data. In forex trading, GDPR requires brokers to securely handle client personal information (e.g. identity documents collected under KYC) and report data breaches. While not exclusive to financial services, GDPR compliance is a key part of the regulatory framework in the EU/EEA, often tied into KYC/AML processes.