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Increased data sharing can help combat economic crime more effectively. However, while current regulations set clear boundaries, they also provide scope that is not always fully leveraged. This is the conclusion of four new final reports from joint sandbox projects organised by the Norwegian Data Protection Authority and the Financial Supervisory Authority of Norway.
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The Norwegian Data Protection Authority has imposed an administrative fine of NOK 250,000 on Timegrip AS. The fine was imposed on the background that employees in a retail chain were not given access to their own time-tracking information.