Joining the Global CAPE to facilitate cross-border cooperation in the enforcement of Data Protection and Privacy Laws with international partners
To enhance the protection of personal data, the Financial Supervisory Commission (FSC) applied to join the Global Cooperation Arrangement for Privacy Enforcement (Global CAPE) through coordination of the National Development Council (NDC). In March 2024, the NDC informed the FSC that the application, reviewed by the managing authority of Global CBPR—Japan's Ministry of Economy, Trade and Industry, has been approved. In the future, enhanced cross-border cooperation in the enforcement of Data Protection and Privacy Laws with international partners can be expected as a result of this agreement, strengthening the protection of Taiwanese people's personal data.
The Global Cross-Border Privacy Rules (CBPR) Forum endeavors to promote trusted data flows and eliminate unnecessary barriers in digital trade. As the global trend of digitalization continues to accelerate, demand for cross-border data transmission has increased sharply. Personal data infringement incidents often involve overseas factors, requiring mutual assistance and cooperation between jurisdictions to effectively combat illegal activities and prevent the worsening of infringement. For this reason, the Global CBPR Forum established the Global CAPE in October, 2023 and invited PEAs not limited to those of Forum members, to facilitate cooperation on enforcement jurisdiction and policies among each Participant.
In addition to Chinese Taipei, several other jurisdictions, including the United States, Japan, Canada, the United Kingdom, South Korea, the Philippines, Singapore, Mexico, Dubai International Financial Center, and Bermuda, have also joined Global CAPE. This opens up opportunities for the FSC to collaborate with international partners on cross-border enforcement related to privacy complaints, data protection, data sharing, and professional exchanges. Such collaboration will enhance the protection of information privacy and align with international legal standards, fostering cross-border digital trade and boosting Taiwan's digital economy.
Sources: Financial Supervisory Commission
