With data protection and privacy regulations popping up more frequently than ever, the landmark Global Cross-Border Privacy Rules (CBPR) Forum was just launched by multiple countries worldwide. The forum includes Canada, Japan, the Republic of Korea, the Philippines, Singapore, Chinese Taipei, and the United States.
The Forum aims to promote trusted cross-border data transfers and establish the Global Cross Border Privacy Rules and Privacy Recognition for Processors Systems – international certifications to ensure that its members are constantly adhering to the level of data protection and privacy standards based on the Asia Pacific Economic Cooperation CBPR and PRP systems.
On April 21, 2022, Commerce Secretary Gina M. Raimondo issued the statement below on the establishment of the Global Cross-Border Privacy Rules (CBPR) Forum:
“The establishment of the Global CBPR Forum reflects the beginning of a new era of multilateral cooperation in promoting trusted global data flows that are critically important to our modern economy […]
With this unique approach founded on creating practical compliance tools and based on cooperation, we can make the digital economy work for consumers and businesses of all sizes alike.”
The main objectives of the Global CBPR Forum are to:
What does the Global CBPR Forum mean for businesses?
The Global CBPR Forum recognizes the influx of regulations that have hit the world of data protection, processing, and privacy. However, the forum looks to find the most effective way to enable cross-border data transfers, calling them “indispensable, not just for big, multinational technology companies, but for companies across all sectors of the economy, and for micro, small- and medium-sized businesses, workers, and consumers as well”.
For businesses, this will mean easier avenues to operate on a global scale regarding data transfers. With the certifications and standards that the Forum looks to set, it will also mean less complexity and ambiguity for businesses when dealing with vendors and other parties internationally.
The objectives of the Global CBPR Forum also clearly mention promoting “inter–operability”.
This is a welcome sign for businesses, as the number of regulations, laws and frameworks doesn’t look to be waning any time soon. Having the Forum focus on how to have their certificates, standards, and best practices interoperable in other regions and frameworks is a huge step forward for business growth internationally.
Regarding certifications, businesses that are already certified by APEC and PRP Systems will be transitioned away to the Global CBPR Forum, with a 30-day notice period to complete the process.
Accountability Agents will continue to provide APEC and PRP certifications, however, these will be automatically recognized in the new Forum after Agents and certified companies obtain approval.