National Privacy Commission Holds Briefing on Data Privacy Act of 2012 for the PDS CommunityPosted on: May 30, 2017
30 May 2017, Makati City – As part of its efforts to provide a venue for market dialogue and sharing, the PDS Group hosted a briefing for its market community. The session was conducted by the National Privacy Commission of the Philippines (NPC), through the NPC Commissioner Raymund Enriquez Liboro, to provide market community participants a clearer understanding of the Republic Act No. 10173 otherwise known as the “Data Privacy Act of 2012” and its Implementing Rules & Regulations (Data Privacy Act).
In his welcome remarks, PDS Group President and CEO Cesar B. Crisol said, “As we uncover the significant aspects of this legislation, let us take to heart our roles as information collectors, holders, and processors to follow the strict rules on transparency, legitimacy, and proportionality in the conduct of these activities. At the end of the day we are not just operating for profit, but equally committed to upholding customer protection.”
The event was held at the PDS Group Assembly Hall and was attended by the PDS Issuer Community, Underwriters, PDEx Brokers, and PDEx Dealers. #