2024 Business and Accountancy Catalog

REGULATORY FRAMEWORK AND LEGAL ISSUES IN BUSINESS II

—Ž–‹’Ž‡Š‘‹ ‡—‡•–‹‘• ™‘ŽŽ‹‡†—”’‘•‡‘ˆ–Š‡ƒ‡ ”‡ › – ƒ‹˜‡”‘ˆ‘ˆ‹†‡–‹ƒŽ‹–› ͵͹Ͷ ‘‡›‡’‘•‹–‡†‘” ˜‡•–‡†‹•–Š‡—„Œ‡ –ƒ––‡”‘ˆ–Š‡‹–‹‰ƒ–‹‘ ͵͹ͷ ƒ”‹•Š‡– ͵ͺͲ –Š‡”š ‡’–‹‘•–‘–Š‡‡ ”‡ ›‘ˆƒ‡’‘•‹–• ͵ͺ͵ –‹Ǧ ”ƒˆ–ƒ†‘””—’–”ƒ –‹ ‡• – ͵ͺ͵ ͵͸͹ ͵͹ʹ  BANK SECRECY ACT/REPUBLIC ACT NO. 1405 ”†‡”‘ˆ–Š‡„—†•ƒ–‘Šƒ˜‡ƒ In Camera  •’‡ –‹‘ ͵ͺ͹ –‹Ǧ‘‡›ƒ—†‡”‹‰ – ͵ͺͻ  — – ‘Š —‘ ” ‹––•›  ‘ƒˆ †– Š ‡  – Š‡ ”  ‘‡ Ž ƒ –‹ •‡•†‹‘  ‡ ”ˆ ‘ –”‘ ƒ– ‹“‘—‹” ‡  ‹‡Ž –†‘  „ƒ›   ‹‡ƒ’‘ •‹ ƒ‹ –Ž  •–‹–—–‹‘• ͵ͻʹ  Žƒ‹‡†ƒŽƒ ‡• – ͵ͻͶ ‡’—„Ž‹  –‘ǤͳͲͺͶ͸ǡŠ‹Ž‹’’‹‡‡’‘•‹– •—”ƒ ‡‘”’‘”ƒ–‹‘ ͵ͻͷ —ƒ‡ —”‹–› –‘ˆʹͲͲ͹ ͵ͻ͸ †‡”–Š‡‡™‡–”ƒŽƒ – ͵ͻ͹ —Ž–‹’Ž‡Š‘‹ ‡—‡•–‹‘• ͶͲͶ  DATA PRIVACY ACT OF 2012/REPUBLIC ACT NO. 10173 Chapter I General Provisions ͶͳͲ ƒ–ƒ’”‘ ‡••‹‰•›•–‡• Ͷͳʹ ƒ–ƒ•Šƒ”‹‰ Ͷͳʹ ‡”•‘ƒŽƒ–ƒ Ͷͳʹ ‡”•‘ƒŽƒ–ƒ”‡ƒ Š Ͷͳ͵ ”‘ˆ‹Ž‹‰ Ͷͳ͵ —„Ž‹ —–Š‘”‹–› Ͷͳ͵ ‡ —”‹–›  ‹†‡– Ͷͳ͵ ”‘–‡ –‹‘ˆˆ‘”†‡†–‘ƒ–ƒ—„Œ‡ –• Ͷͳ͸ ”‘–‡ –‹‘ˆˆ‘”†‡†–‘ ‘—”ƒŽ‹•–•ƒ†–Š‡‹”‘—” ‡• Ͷͳ͸ Šƒ–‹•‡’—„Ž‹  –‘Ǥͷ͵ Ͷͳ͹ Chapter II The National Privacy Commission Ͷͳͺ —Ž‡ƒ‹‰ ͶʹͲ †˜‹•‘”› ͶʹͲ —„Ž‹ †— ƒ–‹‘ Ͷʹͳ ‘’Ž‹ƒ ‡ƒ†‘‹–‘”‹‰ Ͷʹͳ ‘’Žƒ‹–•ƒ† ˜‡•–‹‰ƒ–‹‘• Ͷʹͳ ˆ‘” ‡‡– Ͷʹʹ †‹‹•–”ƒ–‹˜‡ ••—ƒ ‡• Ͷʹ͵ Chapter III Processing of Personal Information Ͷʹͷ ””‹‘’‘‹’”–Ž‹‡‘• ƒŽ‹‘–ˆ› ”ƒ•’ƒ”‡ ›ǡ ‡‰‹–‹ƒ–‡ —”’‘•‡ǡ ƒ† Ͷʹ͸ ”ƒ•’ƒ”‡ › Ͷʹ͸ ‡‰‹–‹ƒ–‡—”’‘•‡ Ͷʹ͸ ”‘’‘”–‹‘ƒŽ‹–› Ͷʹ͸ ‡‡”ƒŽ”‹ ‹’Ž‡•‹‘ŽŽ‡ –‹‘ǡ”‘ ‡••‹‰ƒ†‡–‡–‹‘ Ͷʹ͸

‡‡”ƒŽ”‹ ‹’Ž‡•ˆ‘”ƒ–ƒŠƒ”‹‰ Chapter IV Rights of the Data Subject  ‹‰Š––‘„‡‹ˆ‘”‡† ‹‰Š––‘‘„Œ‡ – ‹‰Š––‘ƒ ‡•• ‹‰Š––‘”‡ –‹ˆ‹ ƒ–‹‘ ‹‰Š––‘‡”ƒ•—”‡‘”„Ž‘ ‹‰ ‹‰Š––‘†ƒƒ‰‡• ƒ–ƒ”‹˜ƒ ›ƒ†‡ —”‹–› Chapter V Security of Personal Information ”‰ƒ‹œƒ–‹‘ƒŽ‡ —”‹–›‡ƒ•—”‡• ‘’Ž‹ƒ ‡ˆˆ‹ ‡”• ƒ–ƒ”‘–‡ –‹‘‘Ž‹ ‹‡• ‡ ‘”†•‘ˆ”‘ ‡••‹‰ –‹˜‹–‹‡• ƒƒ‰‡‡–‘ˆ —ƒ‡•‘—” ‡• ”‘ ‡••‹‰‘ˆ‡”•‘ƒŽƒ–ƒ ‘–”ƒ –•™‹–Š‡”•‘ƒŽ ˆ‘”ƒ–‹‘”‘ ‡••‘”• Š›•‹ ƒŽ‡ —”‹–›‡ƒ•—”‡• —‹†‡Ž‹‡•ˆ‘”‡ Š‹ ƒŽ‡ —”‹–›‡ƒ•—”‡•

Ͷʹͺ Ͷ͵ͳ Ͷ͵͵ Ͷ͵Ͷ Ͷ͵Ͷ Ͷ͵Ͷ Ͷ͵ͷ Ͷ͵ͷ Ͷ͵͸ Ͷ͵͹ Ͷ͵ͺ Ͷ͵ͺ Ͷ͵ͺ Ͷ͵ͻ Ͷ͵ͻ ͶͶͲ ͶͶͲ ͶͶͲ ͶͶͳ

’’”‘’”‹ƒ–‡‡˜‡Ž‘ˆ‡ —”‹–› ͶͶͳ Chapter VI Accountability for Transfer of Personal Information ͶͶʹ ƒ–ƒ”‡ƒ Š‘–‹ˆ‹ ƒ–‹‘ ͶͶ͵ ‘–‡–•‘ˆ‘–‹ˆ‹ ƒ–‹‘ ͶͶ͵ ‡Žƒ›‘ˆ‘–‹ˆ‹ ƒ–‹‘ ͶͶ͵ ”‡ƒ Š‡’‘”– ͶͶͶ —–•‘—” ‹‰ƒ†—„ ‘–”ƒ –‹‰‰”‡‡‡–• ͶͶͶ ‡‰‹•–”ƒ–‹‘ƒ†‘’Ž‹ƒ ‡‡“—‹”‡‡–• ͶͶ͸ Chapter VII Security of Sensitive Personal Information in Government ͶͶͺ ‡‡“•—‹‹–”‹˜‡‡‡‡”–••‘ ƒ‡ŽŽƒ–‹ˆ‘‰” –ƒ‘–‹‘ ‡•• „› ‰‡ › ‡”•‘‡Ž –‘ ͶͶͻ Ǧ•‹–‡ƒ†Ž‹‡ ‡•• ͶͶͻ ˆˆǦ•‹–‡ƒ ‡•• ͶͷͲ Chapter VIII Penalties Ͷͷͳ Chapter IX Miscellaneous Provisions ͶͷͶ —Ž–‹’Ž‡ Š‘‹ ‡“—‡•–‹‘• Ͷͷ͸  EASE OF DOING BUSINESS AND EFFICIENT GOVERNMENT SERVICE DELIVERY ACT OF 2018/REPUBLIC ACT NO. 11032 ‡ˆ‹‹–‹‘‘ˆ‡”• Ͷ͹ʹ ‡‡‰‹‡‡”‹‰‘ˆ›•–‡•ƒ†”‘ ‡†—”‡• ͶͺͶ ‘†˜‘‡’”–‹‘‡ ‘–ˆ‡”˜Š‹‘‡Ž‡•Ǧ‘ˆǦ ‘˜‡”‡– ’’”‘ƒ Š ‹ ‡‡‰‹‡‡”‹‰ Ͷͺ͸ ‡‰—Žƒ–‘”›ƒƒ‰‡‡–›•–‡ Ͷͺ͹ ‡‰—Žƒ–‘”› ’ƒ –••‡••‡– Ͷͺ͹ ‘–‹ˆ‹ ƒ–‹‘ƒ†‡‰—Žƒ–‹‘•‡˜‹‡™”‘ ‡•• Ͷͺͺ ‡˜‹‡™ǡ ’ƒ –ƒŽ›•‹•ǡƒ†‡’‡ƒŽ‘ˆ‡‰—Žƒ–‹‘• Ͷͺͺ

30

Made with FlippingBook interactive PDF creator