Japan’s PIPC and FSA publish feedback on proposed finance privacy guideline revisions

The agencies released the results of a public comment process on partial amendments to guidelines governing personal information protection in the financial sector.

Summary

Japan’s 個人情報保護委員会 and 金融庁 said they have published the results of a public consultation on proposed partial revisions to the “Guidelines on the Protection of Personal Information in the Financial Sector.” The announcement says the materials released on the day cover feedback on the draft amendments and related information. The move marks a formal step in updating privacy rules for the financial industry, an area closely watched by banks, securities firms and other regulated entities handling customer data.

Terms & Concepts
  • 個人情報保護委員会: Japan’s personal information protection authority.
  • 金融庁: Japan’s FSA (financial regulator).
  • public consultation: Process for gathering comments on draft rules.