ASEAN for Data Protection
Remarks On 2016 ASEAN Framework on Personal Data Protection and The Impact Towards Regional Peer to Peer Lending
- 10.2991/assehr.k.210531.090How to use a DOI?
- Peer-to-Peer Lending, Data Protection, ASEAN
Technology in loan and banking has become faster and easier to access by everyone. One of the popular forms of the loaning-money method is peer-to-peer lending (P2PL), that creates a platform for lenders and borrowers to make an agreement for loaning. By this transaction through P2PL that using the digital platform, on the flow of users data through the area, including between states in the region. ASEAN remarks one of the significant of P2PL’s growing users and this challenge of protection of privacy data through the transaction. The ASEAN Framework regarding the protection of the private data of the user is one of the basic need to help the guideline through the protection of data users regarding in P2PL transaction. Besides that, this framework will help the country in ASEAN to create and strengthen the policy for the protection of data privacy. But, this paper also highlights the problem of the implementation of any ASEAN legal frameworks and to compare it with the newly established European Union’s General Data Protection Regulation (GDPR) and the future issues it foresees regarding cross-border crowdlending activities, especially P2PL.
- © 2021, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Salsabila Siliwangi Surtiwa AU - Christian Jeremia Gultom PY - 2021 DA - 2021/06/29 TI - ASEAN for Data Protection BT - Proceedings of the Asia-Pacific Research in Social Sciences and Humanities Universitas Indonesia Conference (APRISH 2019) PB - Atlantis Press SP - 720 EP - 726 SN - 2352-5398 UR - https://doi.org/10.2991/assehr.k.210531.090 DO - 10.2991/assehr.k.210531.090 ID - Surtiwa2021 ER -