Picture your Future. Save for it by earning 1.5% on a 1-year Term Deposit Account! Learn more.

An introduction to GDPR

What does GDPR imply?

The General Data Protection Regulation (GDPR) is a set of rules to ensure better protection of European citizens’ data. The regulation came into force on 25 May 2018, replacing the 1995 Data Protection Directive. Its goal is twofold: to safeguard European citizens’ privacy and to give citizens more rights on what happens with their personal data.

To achieve these goals, the GDPR legislation sets out seven main principles. These are that personal data should be:

  • Processed lawfully, fairly and transparently
  • Used for limited purposes
  • Kept to a minimum
  • Be accurate
  • Kept confidential
  • Kept secure

In addition to the above, every organisation must appoint a data controller who needs to take responsibility for ensuring compliance with the above and being able to demonstrate such compliance. Organisations also have an obligation to disclose any GDPR breeches to the Office of the Information and Data Protection Commissioner.

GDPR also grants citizens rights to access the data held on them by organisations, to have that data deleted.

Protection of your personal data

MeDirect ensures that all personal data is securely stored. To protect your personal details against access by unauthorised persons or loss, we have implemented the necessary technology and ensure that it is kept up to date. With more than 300 employees located in our offices in Malta, Belgium and the Netherlands as well working remotely across many other countries, it is also important to have the correct procedures in place so that information is shared purely on a need to know basis.

In the event that third parties offer a service to MeDirect, a contractual agreement ensures these third parties implement the correct security procedures, such as working with encrypted information, to safeguard your personal data. The transfer of your personal data to third parties will only be for purposes laid down in our agreements with you and/or in line with our terms and conditions.

What is included in our privacy policy?

Our privacy policy, which is available here, adheres to GDPR. It defines what information we collect, why we collect it and with which parties it is shared. The privacy policy also defines your rights and specifies MeDirect’s contact details should you have any questions relating to the security of personal data.

What measures did MeDirect take to be in line with this legislation?

Various initiatives were implemented to protect our clients and employees, such as:

  • Strengthening of our privacy policy.
  • Providing ongoing privacy training to all our employees to ensure utmost security awareness when dealing both with customer and other employee data.
  • Amending of our general terms and conditions and cookie policy.
  • Reviewing how we ask customers for permission to be informed of our commercial offers or to receive newsletters.
  • Amending internal policies to ensure they are in line with GDPR legislation.

MeDirect keeps both its technology and procedures under constant review to ensure not only that it complies with GDPR but that it offers the best possible levels of security to its customers and their data.

Join MeDirect today to access the tools you need to put your money to work on your own terms.

Latest news articles

Staying dynamic in our strategic views
All News

BlackRock Commentary: Staying dynamic in our strategic views

BlackRock anticipates that the new macroeconomic environment, characterized by increased volatility, will lead to more frequent valuation changes across asset classes. While short-term outcomes may not always be influenced by valuations, they remain significant in the long run.

Experience better Banking

The sooner you start managing your money, your way, using the best-in-class tools, the sooner you’ll see results. 

Sign up and open your account for free, within minutes.



We strive to ensure a streamlined account opening process, via a structured and clear set of requirements and personalised assistance during the initial communication stages. If you are interested in opening a corporate account with MeDirect, please complete an Account Opening Information Questionnaire and send it to corporate@medirect.com.mt.

For a comprehensive list of documentation required to open a corporate account please contact us by email at corporate@medirect.com.mt or by phone on (+356) 2557 4444.