What are cross-border transfers?
Related Content. The transfer of personal data to another country or jurisdiction. Data protection laws often require controllers to satisfy special requirements when transferring personal data cross-border.
What is cross-border data clearance?
A cross-border data protection law involves the safe movement of electronic, personal data around the world.
What is PDPA Malaysia?
The Personal Data Protection Act 2010 (“PDPA”) is an Act that regulates the processing of personal data in regards to commercial transactions. It was gazetted in June 2010. The penalty for non-compliance is between RM100k to 500k and/or between 1 to 3 years imprisonment.
Do you need consent to transfer data?
As with other aspects of the GDPR, an individual’s consent is paramount. The transfer of data may be made where it is enacted with the individual’s informed consent, or is necessary for the performance of a contract between the individual and the organisation taken at the individual’s request.
What is a GDPR transfer?
The British supervisory authority ICO defines data transfer as “intentional sending of personal data, or making it accessible”. Data transfer is an intentional sending of personal data to another party or making the data accessible by it, where neither sender nor recipient is a data subject.
What are cross-border payments?
Cross-border payments are financial transactions where the payer and the recipient are based in separate countries. They cover both wholesale and retail payments, including remittances. Cross-border payments can be made in several different ways.
Can personal data shared without permission?
No. Organisations don’t always need your consent to use your personal data. They can use it without consent if they have a valid reason. These reasons are known in the law as a ‘lawful basis’, and there are six lawful bases organisations can use.
Who is exempted from PDPA?
Any person or organisation (or any class of persons or organisations) may be granted exemption from all or any of the provisions of the PDPA with the approval of the Minister, by order published in the Gazette.
Can I transfer my personal data from Malaysia to another country?
The transfer is necessary to protect the data subject’s vital interests. In 2017, the Commissioner published a draft Personal Data Protection (Transfer of Personal Data to Places Outside Malaysia) Order 2017 to obtain public feedback on the proposed jurisdictions to which personal data from Malaysia may be transferred.
Can personal data be transferred to safe harbor jurisdictions outside Malaysia?
In 2017, the Commissioner published a draft Personal Data Protection (Transfer of Personal Data to Places Outside Malaysia) Order 2017 to obtain public feedback on the proposed jurisdictions to which personal data from Malaysia may be transferred. As of December 26, 2018, the Minister has yet to approve the safe harbor jurisdictions.
Will the Commissioner issue a guideline on cross border data transfer?
The Commissioner is considering issuing a guideline on the mechanism and implementation of cross border data transfer and has sought feedback on the important matters to be considered in the proposed guideline.
How do I link my CIMB Malaysia account?
You may then log into CIMB Clicks Internet Banking to link your CIMB Malaysia Account. We will process your request to link within 3 working days. Log into CIMB Clicks Internet Banking to link your CIMB Malaysia Account if you have not already done so. We will link your CIMB Malaysia Account within 3 working days.