For years, financial institutions have had to walk a regulatory tightrope, striking the right balance between compliance with regulations governing anti-money laundering with that of conflicting global data protection laws. But the far-reaching impact of the EU’s General Data Protection Regulation creates further tension between these two compliance priorities.

Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...