Norton Rose Fulbright has advised the Asia Securities Industry & Financial Markets Association (ASIFMA) on its response to Singapore’s Personal Data Protection Commission Public Consultation on “Approaches to Managing Personal Data in the Digital Economy”.
The Consultation Paper was issued on 27 July 2017 and proposed key amendments to the Personal Data Protection Act which include an enhanced framework for collection, use and disclosure of personal data, and mandatory data breach notification.
ASIFMA is an independent regional trade association with over 100 members firms comprising a diverse range of global financial institutions, including banks, asset managers and market infrastructure service providers.
Norton Rose Fulbright Singapore partners Stella Cramer (Picture), who also co-heads the firm’s Technology & Innovation practice in Asia, and Wilson Ang, who heads up the Singapore regulation and investigations practice, led on the advice to ASIFMA.
Law Firms: Norton Rose Fulbright;