Questions

GDPR stands for the General Data Protection Regulation. The GDPR is a piece of EU legislation passed by the European Parliament in 2016.

It aims to make it simpler for people to control how companies use their personal details.

Companies will not be allowed to collect and use personal information without the person's consent.

Data includes things like a person's name, email address and phone number, and also internet browsing habits collected by website cookies.

Marketspace refers to an information and communication based electronic exchange environment. It is a relatively new concept in marketing. Since physical boundaries no longer interfere with buy/sell decisions, the world has grown into several industry specific marketspaces which are integration of marketplaces through sophisticated computer and telecommunication technologies.

Open market operations (OMO) refer to the buying and selling of government securities in the open market in order to expand or contract the amount of money in the banking system.