Source: Privacy Commissioner
The European Commission has determined that New Zealand has an adequate level of protection for personal data transferred from the European Union. Essentially adequacy says that our legislation isnt the same as Europes, but its outcomes are similar and can be trusted. Read about how the EU determines if a non-EU country has an adequate level of data protection. Adequacy means that New Zealand is seen as a good place for the world to do business; we have strong privacy protections in our legislation and are an empowered regulator. Its good news for trade and ease-of-doing business in the digital age and helps ensure smooth cross-border data transfer. Why is it important?
Only a small number of countries have achieved EU adequacy status, and this recognition is important for New Zealand in a global business environment.
