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Third Party Data Sharing Agreement

Third Party Data Sharing Agreement Template for Singapore

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Key Requirements PROMPT example:

Third Party Data Sharing Agreement

"I need a Third Party Data Sharing Agreement to allow my Singapore-based fintech company to share customer transaction data with our cloud analytics provider, ensuring PDPA compliance and including specific provisions for cross-border transfers to their US servers."

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What is a Third Party Data Sharing Agreement?

The Third Party Data Sharing Agreement is essential when organizations need to share personal or confidential data with third parties while maintaining compliance with Singapore's data protection laws. This agreement is particularly crucial in light of the PDPA's requirements and increasing data privacy concerns. It establishes clear boundaries for data usage, security requirements, and responsibilities of all parties involved. The document typically includes detailed provisions for data protection, transfer mechanisms, breach notification procedures, and specific compliance requirements for different industry sectors.

What sections should be included in a Third Party Data Sharing Agreement?

1. Parties: Identification of data controller and data processor/recipient

2. Background: Context of data sharing arrangement and relationship between parties

3. Definitions: Key terms used throughout the agreement including data categories, processing activities, and compliance requirements

4. Purpose of Data Sharing: Specific purposes for which data will be shared and processed, including scope and limitations

5. Data Protection Obligations: Security measures, compliance requirements, and specific obligations under PDPA

6. Data Handling Procedures: Procedures for collection, processing, storage, and deletion of shared data

7. Confidentiality: Protection of shared data and confidential information, including non-disclosure obligations

8. Term and Termination: Duration of agreement, renewal terms, and conditions for termination

9. Return or Destruction of Data: Procedures for handling data upon termination of agreement

10. General Provisions: Standard contractual terms including governing law, dispute resolution, and entire agreement

What sections are optional to include in a Third Party Data Sharing Agreement?

1. Cross-border Transfers: Requirements and compliance measures for international data transfers outside Singapore

2. Sector-Specific Compliance: Additional requirements for regulated industries such as banking or healthcare

3. Sub-processing: Terms and conditions for engaging additional data processors or sub-contractors

4. Data Breach Notification: Specific procedures and timelines for reporting data breaches

5. Audit Rights: Terms allowing data controller to audit recipient's compliance

What schedules should be included in a Third Party Data Sharing Agreement?

1. Schedule 1 - Data Categories: Detailed list of personal data types to be shared and processed

2. Schedule 2 - Security Requirements: Technical and organizational security measures required for data protection

3. Schedule 3 - Processing Activities: Detailed description of permitted data processing activities and purposes

4. Schedule 4 - Contact Details: Key contacts for data protection matters and breach notification

5. Schedule 5 - Compliance Checklist: Checklist of PDPA and other regulatory requirements

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
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Industries

Personal Data Protection Act 2012 (PDPA): Singapore's primary data protection legislation covering consent obligations, purpose limitation, notification requirements, data transfer restrictions, security requirements, retention limitations, and access/correction rights

PDPA Data Protection Regulations 2021: Supplementary regulations to PDPA covering specific implementation requirements and compliance standards

PDPA Data Breach Notification Regulations: Regulations specifying mandatory breach notification requirements and procedures under PDPA

PDPA Do Not Call Registry Provisions: Provisions governing telemarketing and communication restrictions under PDPA

Banking Act and MAS Guidelines: Sector-specific regulations for financial institutions handling customer data and financial information

Healthcare Data Regulations: Specific provisions for handling medical and healthcare-related personal data

Cybersecurity Act 2018: Legislation governing cybersecurity standards and requirements, particularly for critical information infrastructure

Cross-border Data Transfer Requirements: Regulations governing the transfer of personal data outside of Singapore

APEC Cross-Border Privacy Rules: Regional privacy framework for consistent data protection across APEC member economies

EU GDPR Compliance Requirements: Consideration of EU data protection requirements when handling EU resident data

Electronic Transactions Act: Law governing electronic transactions and digital signatures in Singapore

Computer Misuse Act: Legislation addressing unauthorized access and modification of computer material

Official Secrets Act: Law protecting sensitive government information and official secrets

Competition Act: Legislation governing the handling of commercially sensitive information and competition law compliance

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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