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Impact on financial institutions of regulatory reforms related to personal data

Dec. 2014

by Shintaro Kobayashi

Japan's Act on Protection of Personal Information is slated to be amended
for the first time in more than 10 years to facilitate utilization of personal data while continuing to protect privacy. In addition to imposing tighter restrictions in certain areas, the amendment will also enable utilization of data without the consent of the individual to which the data pertains. The amendment is likely to have a substantial impact on financial institutions.

*Organization names and job titles are current as of the publishing dates

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Author's Profile

Shintaro Kobayashi

Senior Consultant,
ICT & Media Industry Consulting Department