Data hk is a free, global marketplace where buyers and sellers connect to exchange and share data. Its comprehensive index includes public data, government releases and other sources of information from around the world. It offers a variety of ways to access data including search by category, industry or region. It also provides information on trends, markets, consumers and businesses worldwide. It is a valuable resource for market research, business planning and strategy development.
Data HK is also one of the most carrier-dense network hubs in Asia, making it a natural choice for customers to interconnect. Its colocation facilities are home to a diverse range of enterprises and networks, and provide a rich industry ecosystem within the world’s most advanced digital supply chain. In addition, Equinix’s Hong Kong colocation data centers are business hubs, providing a high concentration of enterprise and network service providers in the heart of one of the most active trading markets for financial services in the world.
When transferring personal data overseas, it is important to understand the law of the jurisdiction in which the data is being transferred. This will help to reduce business risk and ensure efficient compliance with personal data transfers. In this article, Padraig Walsh from the Tanner De Witt Data Privacy practice group explains how data transfer laws differ in Hong Kong and what steps should be taken to comply with these requirements.
The first step is to determine whether or not the data being transferred falls within the scope of the PDPO. The data exporter must fulfil a number of obligations in relation to the personal data it collects, including providing a PICS and notifying the data subject that their data will be used for direct marketing. A PICS must be provided on or before the collection of the personal data in question, unless it is collected for a purpose for which the written consent of the data subject is required (e.g. a contract).
Once the data exporter has determined that its proposed transfer of personal data meets the requirements of the PDPO, it must consider whether any supplementary measures are necessary to bring the level of protection in the foreign jurisdiction up to the standards required under the PDPO. This may include technical measures, such as encryption, anonymisation or pseudonymisation, or contractual provisions imposing additional obligations on audit and inspection, beach notification and compliance support and co-operation.
It is also a good idea to assess the impact of the transfer on the privacy rights of data subjects. It is important to remember that data subjects have the right to withdraw their consent to the processing of their personal data at any time, and this right must be respected by the data exporter. In addition, the PDPO requires that any direct marketing to be conducted in accordance with the principles of transparency and fairness. The failure to adhere to these principles may result in a penalty of up to HK$500,000.