Post by : Bianca Suleiman
The Dubai International Financial Centre (DIFC), recognized as the premier financial hub for the Middle East, Africa, and South Asia (MEASA), has officially joined the Global Cross-Border Privacy Rules (CBPR) Forum. This development signifies a crucial step in the landscape of international data privacy governance.
The announcement took place during a recent Global CBPR Forum workshop in the Philippines, positioning DIFC as the first entity outside the Asia-Pacific Economic Cooperation (APEC) to gain such membership. Upon joining, DIFC also aligned itself with the Global Cooperation Arrangement for Privacy Enforcement (Global CAPE).
This strategic initiative underscores DIFC's commitment to cultivating transparent, secure, and interoperable cross-border data systems which cater to the changing demands of global trade and individual privacy. It aligns with the UAE’s Digital Economy Strategy, solidifying Dubai's reputation as a trusted digital economy leader.
The Global CBPR membership not only simplifies international trade but also enhances robust standards of data protection, facilitating businesses in transferring personal data across borders with increased confidence and regulatory transparency.
Commenting on this milestone, His Excellency Arif Amiri, CEO of DIFC Authority, remarked that this membership illustrates DIFC's proactive engagement in advancing privacy and data protection measures. He emphasized the paramount importance of strong regulatory frameworks, especially as businesses—particularly in the financial sector—handle vast amounts of personal data daily. DIFC’s existing laws and compliance systems support over 8,000 registered businesses, further demonstrating Dubai’s pledge to uphold world-class standards.
The CBPR System certifies organizations that comply with stringent requirements for cross-border transfers of personal data. Initially crafted under APEC, this framework gained global traction in 2022 with the establishment of the Global CBPR Forum, inviting jurisdictions worldwide and enhancing regulatory interoperability.
Strengthening its leadership position, DIFC has introduced Regulation 10 in 2023, the first in the MEASA region to regulate AI, machine learning, and generative technologies within personal data processes. This regulation emphasizes ethical, transparent, and responsible use of data in innovative technologies.
DIFC’s Global CBPR membership follows its proactive engagement in the Global Privacy Assembly (GPA) in Seoul, South Korea, where cooperation agreements were finalized with data protection authorities from Brazil, the Isle of Man, Uganda, and Kenya. These initiatives coincide with DIFC's upcoming role as the host for the GPA Conference in Dubai in 2026, further affirming its commitment to being a global leader in data privacy and protection.
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