ICO issues first fines for non compliance
The finance and business service sectors are the first to receive fines under the new GDPR rules for not registering with the Information Commissioner’s office.
Any company or sole trader that processes personal data must pay an annual fee and register with the Commissioner unless they are in an exempt category. The fines can be as much as £4,350 which is quite a lot for neglecting to pay a £40 fee or, as in the case of the fines imposed in this instance, not renewing the registration. More than 100 penalty notices have been issued in the first round of fines.