The European Commission and South Korea’s Personal Information Protection Commission recently held discussions regarding “a comprehensive area of free and safe personal data flows” between jurisdictions based on equivalent data protection regulations. While the EU already deemed South Korea an adequacy partner, data transfer amendments to South Korea’s Personal Information Protection Act allow for “equivalency recognition” that would “enable data to flow in both directions based on a strong level of protection, without any need for further authorisations or additional transfer mechanisms.”
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