Ross McKnight* President Olney Bancshares of Texas, Inc. More information:www.pdpc.gov.sg/help-and-resources/2021/01/asean-data-management-framework-and-model-contractual-clauses-on-cross-border-data-flows There are two types of MCCs: controller-to-processor (« C2P MCC ») and controller-to-controller (« C2C MCC »). Anthony J. de Nicola President Welsh, Carson, Anderson & Stowe The full text of this book is available here in Adobe Acrobat PDF format. Kevin Oram Managing Partner Praesidium Investment Management Bobby E. Jelks* President and Chief Executive Officer Franks Management Company, LLC The ASEAN DMF provides step-by-step advice, including governance and data protection structures. For example, an e-commerce business can develop clear policies to manage the data it owns or receives in the course of its operations. Names, telephone numbers and addresses, as well as invoice amounts and delivery times, must be classified into personal data, business data or other categories that management deems appropriate. Management should then assess the risk and impact of a breach and, depending on the sensitivity of the data, take appropriate security measures such as data backup, password protection and/or access control. Safeguards should strike a balance between achieving an adequate level of protection and over-protection that may impede use for professional purposes. James S. Tisch President and Chief Executive Officer Loews Corporation By Nicholas Eberstadt | Lee Young-sun | Ahn Choong-yong Companies that transfer data across borders have to deal with different data approaches in different ASEAN countries.
The ASEAN Data Management Framework (« ASEAN DMF ») provides companies with step-by-step guidance on data governance structures and safeguards, and the Standard Contractual Clauses for Cross-Border Data Flows (« ASEAN MCCs ») provide standard terms to govern the rights and obligations of parties transferring data across borders. With this transaction, DKSH expands its orthopedic capabilities and continues to expand its medical device sales, sales and marketing platform for Asia Pacific. DKSH is listed on the SIX Swiss Exchange, operates in 36 markets with 32,450 specialists and generated net sales of CHF 10.7 billion in 2020. Dan and Kellie Peters Lovett & Ruth Peters Foundation Steven Price* Executive Chairman of Townsquare Media, Inc. Each chapter in this book deals with one or another aspect of the problem of North Korea`s economic reform; Together, they offer a deeper perspective on the issues that the international community should address should it decide to support North Korea`s economic reform process through comprehensive but selective commitments and investments. R. H. « Ric » Dillon President of Diamond Hill Investment Group, Inc. A C2C MCC is used when a « data importer » processes the transferred data for its own purposes and assumes authority, control and responsibility for the imported data.
Under the C2C CDC, the « data importer » and the « data exporter » must identify the potential risk of a data breach, commit to appropriate security measures, and manage controls and safeguards regarding the storage and processing of transferred data. James M. Seneff* Executive Chairman CNL Financial Group, Inc. Singapore`s Data Protection Commission (« DPPC ») has provided additional guidance on the use and modification of MCCs. For example, since Singapore`s Personal Data Protection Act (« PDPA ») covers data of living and deceased individuals, the PDPC recommends that the definition of « data subject » in an MCC include deceased individuals. Kenneth H. and Yvonne S. Hannan* Colonial Navigation Co.
Inc. Mark and Liza Mae Carlin* Lockton Insurance Brokers, Inc. Donald and Allison Gulbrandsen Gulbrandsen Companies Michael L. Keiser* President Bandon Dunes Golf Resort Paul L. « Lew » Davies III and Pilar H. Davies* The Cambria Group James M. Kilts* Founding Partner of Centerview Capital Thomas S. Roberts* Founder and CEO Equality Asset Management A C2P MCC is used when a « data importer » (a part of which data B. are contracted by a party in another jurisdiction) solely to process data or provide an associated service using the data. Under the C2P MCC, the « data importer » is required, among other things, (i) to process the data only in accordance with the instructions of the « data exporter » and for certain purposes (ii) to restrict the disclosure or onward transfer of data to third parties; and (iii) if disclosure to third parties is required, obtain the consent of the « data exporter ». John and Carrie Morgridge* Morgridge Family Foundation Alex Slusky*, Managing Director and Chief Investment Officer Vector Capital Robert B.
and Janet A. Hoffman* Double V Trust Funds AEI Legal is proud to have advised DKSH on the acquisition of Singaporean medical device distributor Medworkz. David Coulter* Special Sponsor Warburg Pincus Rodger R. Krouse* Co-Chairman and Chief Executive Officer Sun Capital Partners, Inc. Read more on Bloomberg:www.bloomberg.com/press-releases/2021-02-16/dksh-announces-two-acquisitions-in-asia-pacific Eric Cantor* Former House Majority Leader, Vice Chairman of Moelis & Company, Moelis & Company Amy Korenvaes* Chair of the Harlan and Amy Korenvaes Family Foundation Russell L. Carson* Co-founder and General Partner Welsh, Carson, Anderson & Stowe Troy and Elizabeth Fowler* Board of Directors Triad Foundation Board Members National AEI are business and company leaders from all over Germany and abroad who are committed to the values and success of the Institute. They are ambassadors for AEI, providing advice, ideas and guidance as we share ideas and analysis with others. Please contact Jason Bertsch ([email protected]; 202.862.5800) if you would like to know more about the National Council.
ASEAN MCCs, endorsed by the Association of Southeast Asian Nations (« ADGMIN ») Digital Ministers` Meeting in January 2021, are standard terms for companies that transfer personal data across borders. John K. Castle President and Chief Executive Officer Castle Harlan, Inc. Daniel S. Loeb* Managing Director Third Point LLC Philip Lebherz* President Lebherz Insurance Services, Inc. Richard R. Ong* Distinguished Partner Eagle Capital Management, LLC Co-Editor-in-Chief Nicholas Eberstadt is a Henry Wendt Fellow in Political Economy at AEI. W. Ross Singletary II Managing Partner Arcus Capital Partners.