FTC entered a multilateral agreement to enhance cooperation in privacy enforcement
The FTC joined Global CAPE, fostering global privacy cooperation without bilateral agreements. Global CBPR facilitates cross-border data protection and privacy enforcement.
The Federal Trade Commission (FTC) entered into a cooperation with the Global Cooperation Arrangement for Privacy Enforcement (Global CAPE) to mark its participation in working with other privacy authorities worldwide. This non-binding cooperation aims to ensure FTC can keep pace with the global nature of commerce without having a bilateral agreement with countries. Global CAPE is a practical multilateral mechanism under the Global Cross-Border Privacy Rules (CBPR) designated for authorities to cooperate in cross-border data protection and privacy enforcement.
The Global CBPR was established in 2022 to support the free flow of data by providing an interoperable mechanism for effective data protection and privacy globally. Some members of CPBR are Australia, Canada, the Philippines, and Singapore.
Why does it matter?
FTC is enforcing companies to safeguard consumers’ personal information, which can be done through legal actions against entities violating consumer privacy rights. Thus, entering this agreement is anticipated to make the FTC work in companies’ compliance more effectively.
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