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In the light of the First Principle contained within the 1984 Data Protection Act, the Data Protection Registrar is concerned about some of the current practices being carried out within the financial sector. His staff would like to reach agreement with the financial sector so that the Registrar can be satisfied that their disclosure of information to third parties is done fairly and lawfully. This paper sets out some of the areas of concern, and a detailed account of the Registrar's view.