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The Qatar Financial Centre (QFC) issued the QFC Data Protection Regulations 2021 (Regulations) on December 21, 2021. These Regulations went into effect on 19 June 2022 and placed the responsibility on those who collect, hold and process personal data while giving rights to the people whose data is collected. Furthermore, these Regulations define specific principles and obligations with which data controllers and data processors must comply.
These Regulations apply to the processing of personal data by a data controller or data processor incorporated or registered in the QFC. QFC Data Protection Regulations also apply to the processing of personal data by a data controller or data processor that is not incorporated or registered in the QFC, if that data controller or data processor processes personal data through a data controller or data processor that is incorporated or registered in the QFC.
Securiti is a market leader in providing enterprise data compliance and governance solutions thanks to its PI data discovery, DSR automation, documented accountability, and AI-process automation features, among others.
Each of these solutions is backed up by state-of-the-art artificial intelligence and machine-learning-based algorithms, making Securiti an ideal option for organizations that want to achieve effective and efficient compliance with the QFC Data Protection Regulations 2021.
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Organizations can conduct regular internal assessments of their various data-related processes to evaluate their overall compliance status. Additionally, these assessments can help identify gaps and deficiencies, which can be appropriately remedied to ensure the organization is fully equipped and prepared to move ahead with its data processing activities while being fully compliant.
Organizations can automate the entire process related to handling any incoming consumer data requests in a fully regulatory-compliant manner.
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The centralized dashboard allows all data access requests to be streamlined and easily viewable, allowing for better documentation of compliance measures.
All data subject rectification requests can be automated with the real-time process visible via the centralized dashboard.
All data subject erasure/destruction/anonymization requests can be automated with the real-time process visible via the centralized dashboard.
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All data subject objections to and restrictions of data processing requests can be automated with the real-time process visible via the centralized dashboard.
Organizations can automate regular data protection impact assessments to ensure any risks borne as a result of the organization’s data processing activities can be identified and appropriately dealt with as early as possible.
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All incoming and outgoing data transfers in real-time can be fully automated to guarantee all such transfers, as well as cross-border transfers, comply with the appropriate data protection requirements.
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Organizations can easily view the real-time status of all their users' consent related to their data processing activities via the centralized dashboard. This results in a fully regulatory-compliant data collection process that fulfills all the data protection requirements. Additionally, this ensures no illegal transfers, sharing, or selling of data not consented by the user occurs.
Organizations can automate the process of keeping detailed records of all processing activities undertaken to aid any future need to prove they undertook all relevant measures while conducting their data processing activities.
Organizations can automate all appropriate compliance actions and data breach response notifications to relevant stakeholders by leveraging the knowledge database on security incident diagnosis and response.
Organizations can easily track all their vendors' data processing activities to ensure their practices comply with the law.
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Organizations can ensure their cookie consent management complies with the law's appropriate requirements.
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Organizations can conduct regular internal assessments and audits, verifying the effectiveness of all data protection measures. Additionally, it can enable relevant security controls which may aid in its data protection activities while being compliant with the law.
Like most data protection regulations, the QFC Data Protection Regulations 2021 also provide users with a wide array of rights over their data, better known as data subject rights. These include:
Here are some important facts to know about the QFC Data Protection Regulations 2021:
At Securiti, our mission is to enable enterprises to safely harness the incredible power of data and the cloud by controlling the complex security, privacy and compliance risks.
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