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On 1 January 2022, the data sharing provision for corporations (Art. 27) of the 2021 Amendment to the Act on the Protection of Personal Information comes into force (through the Digital Society Formation and Transformation Act). Particularly, Article 27 addresses the measures to be adopted when a corporation intends to provide personal data to a (non-foreign) third party. These measures represent a transitional measure concerning data-providing corporations that are mentioned in appendix 2. A second provision (Art. 50) relating to transfers by academic research institutes and local administrative agencies will be implemented on 1 April 2022.
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