Today, Canada announced that it has formally joined to APEC’s Cross-Border Privacy Rules (CBPR) system. Canada is the fourth member economy to sign on to the system, which facilitates cross-border data flows in the APEC region. So far, the U.S., Mexico and Japan have joined the voluntary CBPR system.
APEC originally began in 1989 to promote free trade throughout the region and includes 21 member economies in the Pacific Rim. APEC leaders saw the need to create rules to govern data transfers across borders.
The Cross-Border Data Privacy Rules system was developed by APEC economies in consultation with industry, academia and civil society to build consumer, business and regulator trust in cross-border flows of personal information. In order for business in participating economies to become CBPR certified, they must develop and implement data privacy policies that align with the system requirements. These policies must then be verified by a third party, an “Accountability Agent.” TRUSTe is currently the only Accountability Agent recognized by APEC economies to perform CBPR certification.
“Canada’s participation is a welcome addition to the growing CBPR system, which now covers all of North America and Japan,” says Josh Harris, Director of Policy at TRUSTe.
The press release from the Department of Commerce states: “Now that all of the North American Free Trade Agreement countries are participants, the CBPR system has earned an increased international presence that will build consumer, business, and regulator trust in cross border flows of personal information. The continued expansion of the CBPR system will further enhance global trade and ensure that consumer privacy and data flows are protected throughout the APEC region.”
Contact your TRUSTe Account Representative for more information on APEC compliance and regulatory changes in the Asia-Pacific region.
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