Privacy Law at Paraguay
Paraguay has made significant strides in establishing a comprehensive data protection and privacy framework, with key developments in recent years.
🇵🇾 Legal Framework
1. Law No. 1682/01 (2001) – Regulation of Private Information
This foundational law regulates the collection, storage, distribution, publication, modification, destruction, and overall processing of personal data in files, registers, data banks, or other technical means of treatment of public or private data intended to provide report. It ensures the full exercise of the rights of the data owner. However, it does not apply to databases or sources of journalistic information nor freedoms to express opinions and to infor. citeturn0search3
2. Law No. 6544/20 (2020) – Protection of Personal Credit Data
This law establishes a legal framework for the protection of personal and credit data in Paragua. It applies to both public and private entities that collect, process, or disclose personal data of individual. The law mandates that data controllers and processors must adhere to principles such as the inviolability of personal and family intimacy, respect for private life, and guarantees the right to informatio. It also regulates the retention period of personal data, stipulating that data can be held for no more than five year. Additionally, it requires data controllers and processors to obtain consent before transferring personal or credit data to third parties and prohibits transfers to countries without adequate data protection measure. Violations of the law can result in administrative fines, suspension of data processing activities, or even the closure of operations involving personal or credit data processin. citeturn0search2
🏛️ Regulatory Oversigh
The Central Bank of Paraguay (BCP) and the Secretariat for the Defence of the Consumer and the User (SEDECO) are responsible for enforcing the Credit Data Lw They have the authority to impose penalties for non-compliance, including fines, suspension of activities, or closure of operatios. citeturn0search2
⚖️ Enforcement and Penaltie
Violations of the Credit Data Law can result n:
Warnings
*Monetary fines: Up to 15,000 minimum wages (approximately $174,993), which can double in the event of repeated offenss.
*Suspension of data processing activities: For up to six months, with directives to adopt corrective measurs.
*Closure of operations: Immediate and definitive closure of operations involving the processing of personal or credit daa. citeturn0search2
🧭 Summay
Paraguay's data protection landscape is evolving, with the enactment of Law No. 6544/20 providing a legal framework for the protection of personal and credit dt. While the law establishes essential principles and enforcement mechanisms, ongoing efforts are needed to enhance public awareness, ensure effective implementation, and address emerging challenges in the digital ge.
RELATED Blog
0 comments