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South Korea

On 9 January 2020, the Korean National Assembly passed amendments to three major data privacy laws with a view to aligning more with GDPR in the EU.

  • The Personal Information Protection Act (‘PIPA’);
  • The Act on the Promotion of Information and Communications Network Utilization and Information Protection (‘Network Act’) and
  • The Act on the Use and Protection of Credit Information (‘Credit Information Act’).

It is hoped that in receiving an adequacy decision from the European Commission a positive ruling would mean that data could travel freely between the EU and South Korea, facilitating cross-border data transfers and enhancing business operations

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