APEC's Cross-Border Privacy Rules begin to gain momentum
This post was written by Cynthia O'Donoghue.In February 2013, Mexico became the second approved participant in the Cross-Border Privacy Rules (CBPR) programme - a system for convenient cross-border data transfers introduced in 2011 by the Asia-Pacific Economic Cooperation (APEC). At the same time, APEC and EU Data Protection Authorities (DPAs) plan to create a unified cross-border system covering both regions. This will be a welcome development likely to stimulate global trade.
APEC operates as a forum, of 21 countries from the Asia-Pacific region, promoting a free and open market and encouraging economic integration. One of its recent initiatives is the CBPR system, which involves companies adopting internal privacy rules assessed by accountability agents. This promotes unified data privacy policies for businesses operating throughout APEC economies. APEC leaders pledged to implement the programme in November 2011. The first country to join the system in July 2012 was the United States.
for complete article, http://www.globalregulatoryenforcementlawblog.com/2013/04/articles/data-security/apecs-crossborder-privacy-rules-begin-to-gain-momentum/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+GlobalRegulatoryEnforcementLawBlog+%28Global+Regulatory+Enforcement+Law+Blog%29&utm_content=Google+Reader
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