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Dubai International Financial Centre’s updated data protection law - Part 1: Developing a modern, global law in a UAE financial free zone

Author

Listed:
  • Baker, Lori

    (Vice President of Legal Affairs & Director of Data Protection, UAE)

  • Beeton, Julie

    (General Counsel and Assistant Professor, UAE)

Abstract

It is a little-known fact that in the Middle East, a data protection law very similar to the original EU Directive of 1995 and the UK Data Protection Act of 1998 exists. But the Dubai International Financial Centre (DIFC) is the purveyor of this law, which is in force since 2007 and undergoing an overhaul to be completed by December 2019. The updated law combines international data protection standards of the General Data Protection Regulation (GDPR) and the California Consumer Privacy Act with innovative, new concepts that work for the DIFC’s FinTech/X-tech incubator. Ultimately, the goal is to obtain adequacy recognition by the European Commission. This paper tells us how such a law was created and how a small jurisdiction in the United Arab Emirates is making big strides in data protection.

Suggested Citation

  • Baker, Lori & Beeton, Julie, 2020. "Dubai International Financial Centre’s updated data protection law - Part 1: Developing a modern, global law in a UAE financial free zone," Journal of Data Protection & Privacy, Henry Stewart Publications, vol. 3(2), pages 161-171, May.
    • Handle: RePEc:aza:jdpp00:y:2020:v:3:i:2:p:161-171
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    More about this item

    Keywords

    data protection; DIFC; Middle East; UAE; adequacy;
    All these keywords.

    JEL classification:

    • K2 - Law and Economics - - Regulation and Business Law

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