On 22 May 2023, the Philippines’ National Privacy Commission (NPC) and the Hong Kong Office of the Privacy Commissioner for Personal Data (PCPD) signed a Memorandum of Understanding (MOU)[1] to cooperate on data protection matters.
Under the MOU, the authorities will provide mutual assistance in investigations pertaining to cross-border data incidents and breaches, and
In case you missed it, below are recent posts from Privacy World covering the latest developments on data privacy, security and innovation. Please reach out to the authors if you are interested in additional information.
The Monetary Authority of Singapore has launched a public consultation to gather feedback on two sets of proposed rules which it will soon impose on Singapore financial institutions (FIs), with a view to improving existing consumer safeguards, including for such FIs’ digital prospecting and marketing activities.
What do the proposed rules seek to achieve?
The
On April 17, 2023, Vietnam issued its long-awaited, first-ever comprehensive data privacy law, Decree No. 13/2023/ND on the Protection of Personal Data (Decree). The Decree will take effect on July 1, 2023, without any transition period. All Vietnamese and foreign businesses located in Vietnam or carrying out data processing activities in Vietnam must comply with the Decree.
The issuance of the Decree follows an extensive and protracted series of public consultations and numerous rounds of review of its proposed text since the release of a first draft in February 2021. The final text of the issued Decree is currently only available in the Vietnamese language.[1]
Continue Reading Vietnam Issues Much-awaited Landmark Data Protection Law
In case you missed it, below are recent posts from Privacy World covering the latest developments on data privacy, security and innovation. Please reach out to the authors if you are interested in additional information.
Singapore Appointed as Deputy Chair of the Global Cross-Border Privacy Rules Body | Privacy World
On 13 April 2023, Singapore was appointed as the deputy chair of the Global Cross-Border Privacy Rules (CBPR) Forum’s policymaking body, the Global Forum Assembly.
Co-founded by Singapore and other participants in the APEC CBPR System in April 2022, the forum aims to promote the free flow of data and data protection and privacy globally
Members of our Data Privacy, Cybersecurity and Digital Assets team recently hosted a webinar discussing the new requirements needed to export almost ANY personal data from China (except situations where higher obligation applies). This now includes executing a designated Standard Contract with the data recipient, completing a detailed Personal Information Protection Impact Assessment and filing
Building one of the world’s premiere Data Privacy, Cybersecurity and Digital Assets teams has long been a strategic priority for our firm and those paying close attention will have taken note of hires into our practice spanning the US, EMEA and APAC.
Our global team of Global Data Review Top-20-ranked “Elite” professionals keeps our clients
At long last, China has issued the Standard Contract terms and the Measures for implementing them. Click here for more detailed analysis, but, in short:
On February 15th, our partner Scott Warren (Tokyo/Shanghai) will be speaking at the Global Legal ConfEx in Singapore on the topic of Data Privacy v. Data Security: Understanding the Distinction in Defending Your Data. This session will explore the need for both in order to create a robust and compliant data policy within