Latin America is experiencing a dynamic shift in its regulatory environment, particularly in the technology sector. Countries across the region are actively updating and introducing new laws to address the rapid advancements in technology and the growing importance of data protection, cybersecurity, and digital finance. These developments are crucial for fostering innovation, ensuring consumer protection, and maintaining competitive markets in the region. Our regional round-up outlines the key legislative and regulatory changes shaping the tech…
This past year brought the rapid rise of ChatGPT and other generative AI platforms, accompanied by several noteworthy legal and regulatory developments. 2024 promises to continue with technology advances, making it a pivotal year for businesses navigating global data privacy and cybersecurity risks. Our Baker McKenzie Top 10 predictions for 2024 follow. As is evident, 2024 will be a critical year for global data privacy and cybersecurity. We welcome your thoughts and predictions. Please feel…
On August 9, Indiaâs Digital Personal Data Protection Bill, 2023 (âDPDP Billâ) passed both houses of the Indian Parliament and now awaits Presidential assent. In 2017, Indiaâs Supreme Court mandated that privacy is a fundamental human right. Since that time, India has been working to pass data protection legislation. The DPDP Bill is Indiaâs fifth draft of the bill. The DPDP Bill only applies to the processing of digital personal data in India, where the personal…
On July 10, 2023, the European Commission adopted its adequacy decision for the EU-U.S. Data Privacy Framework (âDPFâ). US companies that participate in the DPF will be deemed to provide âadequate protectionâ under Article 45 of the EU General Data Protection Regulation (âGDPRâ) for personal data transfers received from the European Union (âEUâ) and European Economic Area (âEEAâ). Why did the EC need to adopt the adequacy decision for the DPF? As we have previously written, the…
The US Office of the Director of National Intelligence (âODNIâ) announced today that it has fully implemented new safeguards under Executive Order 14086. See INTEL – ODNI Releases IC Procedures Implementing New Safeguards in Executive Order 14086. These steps clear the path for the European Commission to adopt the draft âadequacy decisionâ for cross-border data transfers pursuant to the EU-U.S. Data Privacy Framework. By way of brief background, in July 2020, the Court of Justice…
Earlier in October, the Spanish Data Protection Agency (AEPD) and the National Data Protection Authority of Brazil (ANPD) signed a memorandum of understanding for the development of joint actions aimed at promoting the dissemination and practical application of data protection regulations. With the signing of this memorandum, the AEPD and the ANPD undertake, among other aspects: to promote technical cooperation mechanisms for the exchange of knowledge and acquired experiencesto promote the carrying out of studies…