Building Trust in Data Flows -WEF eudebates Global Economy and Technology

Описание: International data flows are expected to add $11 trillion to the global economy by 2025 but national security and citizens' privacy concerns are fuelling data protectionism. What are the policy solutions to avoid a global squeeze on cross-border data flows?
#Data #DataFlows #GlobalEconomy #Economy #Technology #dataprotectionism #protectionism
This session supports the development of the Osaka Track discussion, launched during the Japanese G20.
#eudebates #Economy #WorldEconomicForum #WEF #WEF2020 #WEF50 #WEF20 #Davos #Davos20 #DAVOS2020 #EUatDavos #vdLcommission
Access the Platforms for Shaping the Future of Trade and Global Economic Interdependence and Shaping the Future of Technology Governance: Data Policy via TopLink.

Building Trust in Data Flows
Speakers: Hideki Makihara, Helena Leurent, Vera Jourová, Richard Samans, Al Kelly Jr
#Hideki #Makihara #Leurent #VeraJourová #Jourova #RichardSamans #Samans #AlKellyJr

Stakeholder dialogue on "Building Trust in Data Flows" - Richard Samans, Managing director of the World Economic Forum - Věra Jourová, Vice-President of the European Commission in charge of Values and Transparency - Hidelki Makihara, Japan State Minister of Economy, Trade and Industry (METI) - Alfred F. Kelly, Chief executive officer of Visa, Inc - Helena Leurent, Director-General, Consumers International.

Tech for Good
New technology is always disruptive. It kills jobs, creates new ones, and ushers in profound social change. But the breakneck speed and sheer scale of this round of technical change is something else – it threatens the very definition of what it is to be human. We're being presented with a huge range of ethical dilemmas. How do we get together to agree the rules on things like genetically modified babies, the robots of war, and the algorithms that determine our life chances? Should we just slow things down a bit?

International transfers of personal data
EU data protection rules apply to the European Economic Area (EEA), which includes all EU countries and non-EU countries Iceland, Liechtenstein and Norway.

When personal data is transferred outside the European Economic Area, special safeguards are foreseen to ensure that the protection travels with the data.

The reform of EU data protection legislation adopted in 2016 offers a diversified toolkit of mechanisms to transfer data to third countries: adequacy decisions, standard contractual clauses, binding corporate rules, certification mechanism, codes of conduct, so-called "derogations" etc.

While the architecture of the international transfers' regime is similar to that under the 1995 Data Protection Directive, the reform simplifies and expands the use of existing mechanisms and introduces new tools for international transfers.

Having completed the reform of EU data protection legislation, the Commission has adopted a strategy on international data flows. Its Communication of 10 January 2017 presents its approach in developing adequacy decisions as well as other tools for transfers and international data protection instruments.

The EU has developed specific provisions concerning cross-border data flows and privacy protections to be tabled in international trade negotations.

Transfers in certain sectors are based on specific international agreements. Examples of international agreements involving the transfer of personal data are:
the Passenger Name Records (PNR)
the Terrorist Financing Tracking Programme (TFTP)

The General Data Protection Regulation (GDPR), the Data Protection Law Enforcement Directive and other rules concerning the protection of personal data.