(CLOSED DOOR INVITATION) WEBINAR: Beefing up Data Protection & Privacy in your Organisation for the New Normal

Note: This is a closed door event for Singapore Fintech Association members and Fintech professionals. You have to register directly via Zoom Webinar platform by clicking on the 'register' button on DPEX Network. For SFA members, an automated registration confirmation email will be sent to your registered email address within 24 hours, if you do not receive this email, please email to events@straitsinteractive.com for your individual webinar login link. For all other interested participants, please drop us an email at events@straitsinteractive.com.Thank you!

Part 1 - General Outline & Agenda

The Ministry Of Communications & Information (MCI) and the Personal Data Protection Commission (PDPC) in Singapore have recently reviewed the PDPA to ensure that it keeps pace with technological and regulatory developments in data protection. The proposed amendments to PDPA have been passed on 2nd November 2020.

The Draft Bill proposes the following amendments to the PDPA:

1. Introduction of mandatory breach notification 2. Revised consent framework 3. Accountability 4. Introduction of data portability and 5. Enhanced rules on telemarketing and spam (Do Not Call (DNC) registry)

The week of 18th January, 2021 also saw a Straits Times article highlighting the Monetary Authority of Singapore's (MAS) concern about third party vendors in the financial industry. With the introduction of these proposed amendments and MAS concerns, what are the potential consequences and implications to a  fintech’s business? What are some measures and steps that fintechs  should take to adapt to and comply with the new requirements and standards?

Agenda

1. - Discuss how the upcoming PDPA amendments affect the financial industry?
2. - Share insights based on recent industry-related enforcement cases
3. - Sharing of best practices and tips for a robust data protection programme
4. - Overview of the available resources, i.e. funding and tools, to aid in the creation and sustenance of the data protection program

Part 2 - Data Protection Trustmark - Beyond Data Compliance

Key Highlights:

1. DPTM Overview + CBPR (APEC)

2. Benefits of achieving certification

3. Process of getting DPTM certification

4. Available grants

Key Speakers

Mr Shaun Jarmen

- Straits Interactive, Advanced Diploma in Data Protection (SMU), EXIN (Information Security)

Shaun Jarmen is trained in in-depth knowledge on Data Protection. He was formally educated at Singapore Management University (SMU) and graduated with an Advanced Diploma in Data Protection. Shaun has also obtained the EXIN (Information Security) Professional Certification.

Mr Alvin Toh

- Straits Interactive, Chief Marketing Officer

As CMO and Head of International Operations of Straits Interactive, Alvin drives marketing strategy, awareness and partner relationships for the company’s innovative privacy solutions that build upon the foundation of responsible marketing.

In addition to running the company’s marketing and international operations, Alvin is a sort after regional speaker on data protection and privacy management. With his extensive knowledge of regulatory requirements and his process-driven outcome, Alvin is also involved in Straits Interactive’s data protection consulting and training engagements.

Mr Dominic Ow

- IMDA, Data Protection Certifications Manager As part of IMDA’s Data Protection Certifications team, Dominic is passionate about helping organisations understand the importance and benefits of having robust data protection standards in the modern digital economy, and how the Data Protection Certifications can give businesses peace of mind and provide them the competitive edge both locally and internationally.

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