15 September 2016
The National Authority of Transparency and Access to Information (‘ANTAI’) published, on 2 September 2016, an updated version of the Draft Data Protection Bill (‘the Bill’) following a public consultation, which began in July 2016. The Bill seeks to safeguard and guarantee the fundamental right to the protection of personal data by establishing regulations on the processing of personal data.
Beatriz Cabal, Associate at Galindo, Arias & López, told DataGuidance: “This Bill, once approved, will be extremely relevant, since it will fill a gap in our current legislation, and at the same time, provide a legal framework that should allow for the free flow of data under the appropriate safety measures. Panama, having a service-based economy, will greatly benefit from a law that recognises the individual’s right to their data, while encouraging start-ups, electronic commerce and innovation.”
This Bill, once approved […] will fill a gap in our current legislation, and at the same time, provide a legal framework that should allow for the free flow of data under the appropriate safety measures
In particular, the Bill recognises the authority of ANTAI to penalise natural or legal persons (data controllers or data processors) who violate data subjects’ right to data protection.
“[In addition,] the Bill applies to databases located within Panama, and it includes rights and obligations for the entities in charge of personal data as well as procedures for the individuals to request access to, and amendment and deletion of their information,” explained Cabal.
According to Cabal, the Bill is expected to be approved by the end of 2016.
Paola Ycaza | Privacy Analyst