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KEYNOTE ADDRESS BY

YB GOBIND SINGH DEO


MINISTER OF COMMUNICATIONS AND MULTIMEDIA

“THE IMPACT OF EU GDPR ON MALAYSIA


AND NON-EU COUNTRIES”

EU GDPR CONFERENCE 2019


HOTEL ISTANA, KUALA LUMPUR
18 M ARCH 2019
[Salutations]

Yang Berusaha Tuan Al-Ishsal Ishak


Chairman, MCMC

Datuk Seri Azman Ujang


Chairman, Bernama

Tuan Rosmahyuddin Baharuddin


Deputy Director-General, Malaysian Personal Data Protection
Department (JPDP)

Distinguished speakers

Honourable guests

Members of the media

Ladies and Gentlemen.


A very Good Morning and Salam Harapan.

1. First and foremost, let me welcome everyone to the EU


GDPR Conference 2019. I am honoured to be here today
and my sincere gratitude to the conference organizers who
have invited me to deliver the keynote address and officiate
the Conference.

2. I would also like to congratulate the organizers and partners


who have taken the initiative to organise this Conference. I
was made to understand that this is the first Conference, of
this scale ever held in Malaysia to discuss and deliberate
on the implementation of the European Union General Data
Protection Regulations (EU GDPR), and other emerging
issues related to personal data protection.

3. In today’s digital world, data is like Infinity stones –


invaluable and powerful. Hence, those who hold data have
the ability to control key sources of revenue and market
power. If we look at the current scenario today, the
increasing flow of data and information now generate more
economic value than the global goods trade.
4. I quote from McKinsey Global Institute Report entitled
Digital Globalization: The New Era of Global Flows:

"Remarkably, digital flows -- which were practically non-


existent 15 years ago -- exert a larger impact on GDP
growth than the centuries-old trade in goods."

5. As businesses becomes more globalised, it is impractical to


impose geo-restriction of data flows. Therefore, in line with
the development of personal data protection laws globally,
industries need to strengthen their compliance in personal
data governance matters.

6. The situation requires companies to adhere to the Personal


Data Protection principles and regulations to ensure
sustainability of businesses as customers need to have the
confidence and trust in the business entities. Customer’s
trust and confidence is the basis for successful business.

7. With the implementation of the EU General Data Protection


Regulation (EU GDPR), it definitely requires
comprehensive changes to business practices for
companies that had not implemented a comparable level of
privacy laws on data protection.
8. Malaysia is quite fortunate to have in place comprehensive
laws on personal data protection, namely the Personal Data
Protection Act 2010 (PDPA). It establishes duties
throughout the personal data operational system of an
organisation for the personal data it holds or controls
including specific rules relating to the processing, retention,
security and disclosure of personal data as well as access
and correction respectively.

9. The GDPR, however imposes additional requirements


which are not under our PDPA. Nevertheless, multinational
companies and GLCs who have business dealings in the
EU and with EU citizens, are required to take the necessary
steps to comply with GDPR. As for industry players,
especially data users who have made preparations with
regard to the PDPA, they are therefore be positioned to
embrace the GDPR.

10. The Ministry of Communications and Multimedia, through


the Department of Personal Data Protection, is in the midst
of reviewing the PDPA. The review will be premised on the
needs for effective and efficient implementation of PDPA,
as well as to streamline with international requirements on
personal data protection.
11. I hope with this Conference, our industry players will have
a better understanding on the need for laws to protect
themselves, and take this opportunity to get a better
perspective on looking at laws which govern data not as
stumbling blocks to doing business, but rather as enablers
to ensure the sustainability businesses as customers need
to have confidence and trust in business entities.

And on that note, I declare this Conference officially open.

Thank you.

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