May 20, 2016 (Reuters) — Hong Kong will begin a review of its data privacy rules over the next 18 months, with a view to potentially updating them in line with technological developments and changes in European regulation, the territory’s privacy regulator said.
Hong Kong’s data privacy legislation was drawn-up nearly 20 years ago and based at the time on European Union law, but recent changes to the EU framework and a technology-driven explosion in personal data may mean the current rules need to change, Stephen Wong Kai-yi, Privacy Commissioner for Personal Data, told the Reuters Financial Regulation Summit on Friday.
“Now you have all these developments we’d like to study the impact this might bring to our current legislation.”
The EU began an overhaul of its data privacy rules in 2012 to give citizens greater control over their personal data, and to simplify the rules for businesses. The new EU new regime is due to come into full effect in 2018.
Full Reuters story here.
http://www.reuters.com/article/us-finance-summit-privacy-idUSKCN0YB19Q
