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Philippines: NPC and ADI sign MOA on regulatory sandboxing
On July 4, 2024, the Philippine National Privacy Commission (NPC) announced that it had signed, on July 3, 2024, a Memorandum of Agreement (MOA) on regulatory sandboxing with Aboitiz Data Innovation (ADI), the data science and artificial intelligence (AI) arm of the Aboitiz Group. The MOA aims to promote the development, adoption, experimentation, and testing of innovative privacy-enhancing technologies (PETs) upon use cases on sandbox environments. Moreover, the MOA seeks to provide and share insights on its effectiveness, benefits, and future challenges in the field of data privacy and protection.
The collaboration reflects the NPC's firm commitment to data privacy and innovation as it continues to fulfill its mandate of safeguarding personal data, fostering coordination with the private sector on data privacy issues, and proactively addressing contemporary challenges in data privacy and protection while embracing solutions that balance technological advancements and innovation.
You can read the press release here.
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