Dubai Financial updates data rules
The Dubai International Financial Centre (DIFC) has proposed amendments to its data protection regulations aimed at simplifying the framework and enhancing security and governance. These changes include granting the Data Protection Commissioner new powers to recognize accreditation programs and certifications. These amendments come in the context of the rapid development of artificial intelligence technology and the increased use of data, with the goal of establishing high standards for accountability and transparency. They also seek to improve existing regulations, which were updated in 2023, to ensure more effective data protection.
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