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Australia has joined the multilateral initiative Global Cross-Border Privacy Rules (CBPR) Forum to improve the facilitation of data flow across borders.
The Global Cross-Border Privacy Rules (CBPR) Forum is set to establish a certification system to help companies demonstrate compliance with internationally recognised data privacy standards.
The Global CBPR Forum was established on 21 April 2022, by Canada, Japan, the Republic of Korea, the Philippines, Singapore, Chinese Taipei, and the United States of America, as current economies participating in the APEC CBPR System, to support the free flow of data and effective data protection and privacy globally.
The aim of joining the global forum is to keep businesses trading, according to a joint statement from the Minister for Trade and Tourism and special minister of state Senator Don Farrell and Attorney-General Mark Dreyfus QC MP, which explained that an "open global economy is crucial for Australia's prosperity".
"The Albanese government encourages interoperability and cooperation between economies to help bridge differences in data protection and privacy frameworks.
"We support the development of an open and reliable digital trade environment that strengthens consumer and business trust in digital transactions and promotes global trade by facilitating the secure flow of data," the statement outlined.
The Global CBPR Forum aims to establish an international certification system supporting interoperable privacy regulations and providing effective and enforceable data privacy protections for governments, regulators, and companies worldwide.
Although the Global CBPR Forum is based on the APEC Cross-Border Privacy Rules (CBPR) and Privacy Recognition for Processors (PRP) Systems, the system will be independently administered and separate from the Asia-Pacific Economic Cooperation (APEC).
The CBPR and PRP Systems were originally developed within the APEC with input and assistance from industry and civil society to build consumer, business and regulator trust in cross-border flows of personal information.
The Global CBPR Forum is designed to build on the APEC CBPR formed in 2011 and is open to participation by non-APEC members.
"Growing internet connectivity and the digitisation of the global economy have resulted in the rapid increase in the collection, use, and transfer of data across borders, a trend that continues to accelerate.
"Trusted cross-border data flows are indispensable – not just for big, multinational technology companies, but for companies across all sectors of the economy, and for micro, small- and medium-sized businesses, workers, and consumers as well," the Global CBPR Forum stated on its website.
[Related: ACCC to probe social media competition and consumer concerns]
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