GDPR decision triggers and Asia

Author: | Published: 29 May 2018

The landmark EU regulation is expected to impact businesses in the region. But they also need to comply with myriad of local rules

Data regulation is increasingly becoming important to business expansion decisions. Rules for handling data, restrictions on where it can go and the cost of compliance can each significantly influence a business decision, particularly if for a digital product offering. Digital offerings such as e-payment applications and online retail sites have increasing technical potential to be easily rolled out across borders and reach new customer bases. The opportunities are fast evolving, in particular through utilising cloud computing power and data analytics. What businesses want to know though is how the regulation of data in a jurisdiction might impact a digital offering. Data protection laws are not uniform and they are still evolving. Businesses need to work out a way to comply with all applicable data laws in a...


 

 

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