Philippines: Issued ruling in lawsuit concerning data privacy in broker dealer regulations (Philippine Stock Exchange and others v. Secretary of Finance)

Description

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 …

Scope

Policy Area
Data governance
Policy Instrument
Data protection regulation
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
judiciary
Government Body
court

Complete timeline of this policy change

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2022-07-05
in force

On 5 July 2022, the Supreme Court of the Philippines ruled on the case Philippine Stock Exchange an…