Philippines: Lawsuit concerning data privacy in broker dealer regulations (Philippine Stock Exchange and others v. Secretary of Finance)
Progress
Current status
in force
05 Jul 2022 in force
Scope
Implementers
Philippines
Policy Area
Data governance
Policy Instrument
Data protection regulation
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
judiciary
Government Body
court
Implementation Level
national
Timeline of events
Issued ruling in lawsuit concerning data privacy in broker dealer regulations (Philippine Stock Exchange and others v. Secretary of Finance)
On 5 July 2022, the Supreme Court of the Philippines ruled on the case Philippine Stock Exchange and others v Secretary of Finance, emphasising the importance of necessity in the collection and processing of personal data under the Data Privacy Act …
Event type
public lawsuit
Action type
ruling
Government branch
judiciary
Government body
court