To assist businesses in the region entering into the digital sphere, the ASEAN Digital Ministers’ Meeting has on 22 January 2022 approved the ASEAN Data Management Framework (“DMF“) and Model Contractual Clauses for Cross Border Data Flows (“MCCs“).
(a) The DMF provides a step by step guide for businesses to put in place a data management system, which includes data governance structures and safeguards.
(b) The MCCs are template contractual terms that may be included in agreements between businesses transferring personal data to each other across borders.
In this Update, we highlight the key features of the DMF and MCCs, and how businesses may utilise these tools to their advantage.
For more information, click here to read the full Legal Update.