The FTC announced that it has become the first enforcement authority of the Asia-Pacific Economic Cooperation Cross-Border Privacy Rules System, following the United States’ approval as the first formal participant. The Cooperation is a voluntary organization whose rules, which aim to better protect consumer information traveling between the United States and its members, are enforceable. The system will be implemented by businesses doing business in member economies. Twenty-two countries are members including the United States, China, Russia, Taiwan, Australia, Canada, and Korea.
Alert August 07, 2012