Chinese Taipei has received the notification from the APEC Secretariat that Chinese Taipei, along with Australia, has been approved to become a formal member of the APEC CBPR system, after the US, Mexico, Japan, Canada, South Korea and Singapore. According to previous member economies’ experiences in joining the system, it would take roughly one to one and half years for completing related procedures. It only took approximately 8.5 months for Chinese Taipei to join the system and the whole process went rather smoothly.
APEC has endorsed Australia’s application to participate in the Cross Border Privacy Rules (CBPR) system, effective from 23 November 2018.
On August 24, 2017, APEC issued a statement on the renewed talks between APEC and the EU on creating interoperability between the APEC Cross-Border Privacy Rules (“CBPR”) and the EU data transfer mechanisms.
On July 27, 2017, Singapore submitted its notice of intent to join the APEC Cross-Border Privacy Rules (“CBPR”) system and the APEC Privacy Recognition for Processors System (“PRP”).
On Monday, June 12, 2017, South Korea’s Ministry of the Interior and the Korea Communications Commission announced that South Korea has secured approval to participate in the APEC Cross-Border Privacy Rules (“CBPR”) system. South Korea had submitted its intent to join the CBPR system back in January 2017.
The ability of U.S. businesses to transfer data across borders received a big boost last month as Singapore, Chinese Taipei and the Philippines communicated their plans to join the Asia-Pacific Economic Cooperation (APEC) Cross-Border Privacy Rules (CBPR) system.
On February 22, 2017, the Federal Trade Commission announced that it had reached settlement agreements (“the Proposed Agreements”) with three U.S. companies charged with deceiving consumers about their participation in the Asia-Pacific Economic Cooperation Cross-Border Privacy Rules (“APEC CBPR”) system.
Over the last year, just about everyone in the trade community heard about Privacy Shield, a mechanism for transferring personal information between the United States and Europe. But you might ask, “what about the rest of the world?”
February 29 was an important day for a lot of companies. It was the day the European Commission and the U.S. Department of Commerce released the text of the EU-U.S. Privacy Shield, which thousands of companies had waited to read ever since Safe Harbor was declared dead by the European Court of Justice.