Raising data privacy standards will allow Singapore to conduct business more easily with other advanced nations
Singapore is planning key updates to its data privacy law, bringing the country more closely in line with the EU, Australia, and other regions that have strictly regulated the use and sharing of online personal information. Multinationals doing business with the island nation should review their procedures for collecting and processing personal data to ensure they are in compliance before the changes become law.
The updates come in the form of amendments to Singapore’s Personal Data Protection Act (PDPA), which was passed in 2012 and became effective in 2014. After the EU’s landmark General Data Protection Regulation (GDPR) was passed in 2016, Singapore’s Ministry of Communications and Information and Personal Data Protection Commission (PDPC) began holding public consultations to gain feedback about proposed modifications to its PDPA and the country’s Spam Control Act (SCA), which regulates phone calls and texting.
“The amendments…will support our organizations’ efforts as they transform and grow in the digital economy to better serve consumers,” said PDPC Deputy Commissioner Yeong Zee Kin
Raising data privacy standards will allow Singapore to conduct business more easily with other advanced nations and win the trust of customers in an increasingly digital world economy. read more
Source: Paul Sutton – Vistra | mondaq