Personal Data Protection in Paraguay

Law No. 6,534/20: Protection of Personal Credit Data

This law establishes the regime for the protection of credit information data and regulates the collection and access to credit information about individuals and legal entities.

Key Aspects of Law No. 6,534/20

• Protection of personal data: The law aims to preserve fundamental rights such as privacy, informational self-determination, freedom, security, and fair treatment of individuals.
• Consent for data collection and use: Individuals must provide explicit consent for the collection and use of their credit information, which can be in written, electronic, or digital form.
• Right to access personal data: Individuals have the right to know the conditions of processing their personal data, request updates, rectification, deletion, opposition, and portability of this data from the entity responsible for its management.

Credit Information Services

Only Credit Information Bureaus authorized by the Superintendency of Commercial and Financial Entities (SEDECO) can provide credit reference services. These bureaus can only process credit information related to an individual’s or entity’s economic solvency and credit, obtained from public sources or provided with consent.

Proposed Bill

A bill is currently under discussion in Paraguay to regulate the treatment and use of personal data, including biometric, genetic, sensitive, and personal data. This bill aims to provide comprehensive protection for individuals’ rights and regulate the free circulation of personal data.

Notes on Proposed Bill

Please note that this information may not be up-to-date or comprehensive, as laws and regulations are subject to change. It’s always best to consult with a qualified expert or official sources for the most current and accurate information.