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Cloud Data Regulations 2014

 DataRegulationsRESEARCH CloudDataRegulations2014

 

Report on Cloud Data Regulations: A Contribution on How to Reduce the Compliancy Costs of Cross-Border Data Transfers

 

NEW REPORT CALLS FOR REGULATORS TO REDUCE COMPLIANCE COSTS ON
CROSS-BORDER DATA TRANSFERS TO PROMOTE REGIONAL TRADE
APCC and ACCA Joint Report Promotes the Benefits of Aligning Data Categories Regionally

SINGAPORE, 18 JUN 2014 – The Asia Pacific Carriers’ Coalition (APCC) and the Asia Cloud Computing Association (ACCA) have jointly released a new white paper on the increasing importance – and complexity – of compliance requirements, with suggestions on reducing compliance costs

“The growth of international trade has greatly facilitated the digital economy and the ease with which businesses can move goods and services as a result. Asia is increasingly fragmented with respect to regulations on cloud services.  Companies are finding it increasingly difficult to navigate the maze of compliance requirements,” said Simon Smith, President of the APCC. “This paper highlights that in order to maintain the growth of international trade and investment, a regulatory balance between privacy, security and the free flow of information must be struck.”

This theme of Asia poised to succeed was echoed by Bernie Trudel, Chair of the ACCA. “With data becoming the currency of the new economy, enabling smooth data flows between countries is increasingly critical,” said Trudel. “Data policies in the region should be aligned to reduce regulatory confusion, and one way is to work on a data classification nomenclature, potentially applying different security requirements to different categories of data. Our research suggests that the impact upon regional trade could be immediate and dramatic. Asia stands well positioned to leap ahead if regulators and policy makers can come together to provide regional clarity through alignment.”

The white paper, originally commissioned by the APCC, builds on original research developed by the ACCA as part of a broader and ongoing study on Data Sovereignty throughout the Asia Pacific.

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For more information about the report, please contact:
Simon Smith, President, Asia Pacific Carriers’ Coalition
This email address is being protected from spambots. You need JavaScript enabled to view it.
Lim May-Ann, Executive Director, Asia Cloud Computing Association
This email address is being protected from spambots. You need JavaScript enabled to view it. +65-98471950

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About Asia Pacific Carriers' Coalition (APCC): The APCC was formed in 2004 to promote and assist in the development of open market policies and telecommunications regulatory frameworks in the Asia Pacific region. APCC provides a point of industry contact with Governments and National Regulatory Authorities (NRAs), including through participation in public inquiries and consultations. We are committed to participating meaningfully in national policy discussions, regulatory processes and other forms of industry discourse. Our membership is drawn from the major global and regional telecommunications carriers operating in the Asia Pacific; and our association provides a forum for members to identify and examine regional matters of common interest affecting the industry and regulatory practice. Contact us at This email address is being protected from spambots. You need JavaScript enabled to view it. or http://www.asiapacificcarriers.org

About the Asia Cloud Computing Association (ACCA): The ACCA was established in 2010 as an industry association comprising the stakeholders of the cloud computing ecosystem in Asia. The ACCA works to ensure that the interests of the cloud computing community are effectively represented in the public policy debate. Our primary mission is to accelerate the growth of the cloud market in Asia, where we promote the growth and development of cloud computing in Asia Pacific through dialogue, training, and public education. Through regular meetings, we also provide a platform for members to discuss implementation and growth strategies, share ideas, and establish policies and best practices relating to the cloud computing ecosystem. Contact us at This email address is being protected from spambots. You need JavaScript enabled to view it. or http://www.asiacloudcomputing.org. You can also join us on LinkedIn at http://is.gd/accacloud