APEC and EU Bodies Discuss Regional Interoperability

The Asia-Pacific Economic Cooperation (APEC) announced that Mexico has become the second formal participant of the APEC Cross Border Privacy Rules (CBPR) System. APEC economic leaders first endorsed the CBPR in November 2011 with the aim to promote region-wide privacy policy compatibility, ensure consumer protection, and lower regulatory compliance costs. Mexico’s participation follows the U.S., which was announced as the first formal participant in July 2012. The U.S. has indicated that it is expecting its first application from an organization seeking certification as an APEC CBPR accountability agent. Some believe that a lack of a ‘culture of privacy’ in countries such as Mexico could slow down implementation of the CBPR system. Paula Bruening, Vice President of Global Policy at the Centre for Information Policy Leadership at Hunton & Williams, says the APEC has made remarkable progress towards making practical implementation of cross border privacy rules in the region a reality. She also noted that the APEC Data Privacy Subgroup also discussed CBPRs for processors.

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Posted Under: International News

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