Data hk is an integral component of global economics, used by various industries like health care and banking. With such wide use comes increased privacy concerns regarding personal data; for this reason, businesses must take measures to safeguard it – this may involve conducting audits and implementing policies, or simply making sure their data is stored appropriately and safely.
Under PDPO, a data user is defined as any individual or organisation who controls the collection, holding, processing or use of personal data. This definition mirrors similar provisions found elsewhere such as China’s Personal Information Protection Law or Europe’s General Data Protection Regulation which define data users similarly.
As such, the new PDPO may have far-reaching ramifications for businesses that process personal data. It will have an effect on how businesses handle their information, necessitating changes to compliance frameworks to reflect any resulting legal changes; including conducting audits and creating data retention and breach notification policies.
Additionally, proposed changes to PDPO will impact how business associates are treated; consequently, companies should review any agreements with business associates to ensure they comply with these new rules.
Hong Kong government recently unveiled a draft Personal Data Protection Ordinance that will have wide-reaching effects for businesses that handle personal data, from large corporations to small and medium-sized enterprises (SME’s). Proposals propose amending various sections within PDPO while making some substantial alterations; major amendments have also been proposed.
Data transfers are an integral component of business operations, and it’s essential that business operators understand the data privacy regulations imposed upon them. Padraig Walsh from Tanner De Witt’s Data Privacy practice group walks us through some key points to keep in mind regarding personal data transfer from Hong Kong to other locations.
Data transfers are an integral component of business transactions; however, they also present serious risks to a company’s reputation and may violate principles of privacy. Therefore, legal advice must always be sought prior to transferring any personal data overseas.
For compliance with PDPO requirements, data exporters must enter into written arrangements with their data importer to protect any personal data being transferred from Hong Kong. The arrangements should include provisions to ensure that no unspecified third parties use or disclose personal data that has been sent over from Hong Kong, and only process it for specified purposes. Furthermore, data exporters should assess and supplement local protection with additional measures so as to meet PDPO standards of protection for personal data transfers from Hong Kong.