Data privacy is a real concern across the globe causing Latin
American countries to look for ways to implement new laws to tackle
the problem.
Legislation around the world, such as the European Union's
General Data Protection Regulation (GDPR), have highlighted the
need for countries to create and update their current data privacy
frameworks and regulations to fit today's business
environment.
Brazil
Brazil is leading the way in Latin America with its new data
privacy laws that will consolidate the over 40 different
regulations currently in effect in the country. Lei Geral de
Proteção de Dados (LGPD), which will come into effect
in August 2020, includes some parts of GDPR but also puts
significant compliance obligations on companies that process data
or offer services to individuals in Brazil. "The law is about
the protection of all personal data, similar to the GDPR, affecting
all companies that deal with data," says Vanessa Mello,
director of client legal