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Asia-Pacific Dashboard Digest | Cross-Border Data Transfer Tool Unveiled; DPA Warns of Fines Related reading: On the pitfalls of reputation economics

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After a year of collaboration on the effort, the U.S. Federal Trade Commission (FTC), together with data protection authorities from around the world, held a press conference at the IAPP Global Privacy Summit last week to announce a joint agreement between G29 and APEC countries aiming to aid companies in achieving compliance with global data transfers. Speaking for the group, Isabelle Falque-Pierrotin, chairwoman of the French Data Protection Authority (CNIL) and president of the Article 29 Working Party, said the tool, called a “referential,” is a “very political and symbolic act” for companies seeking to obtain double certification under Europe’s binding corporate rules (BCRs) and APEC’s cross-border privacy rules (CBPRs). Meanwhile, the Privacy Tracker weekly roundup covers the announcement and more, including the Mexican DPA’s warning of an “abundance” of fines to come. (IAPP member login required.)
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