Financial Crime World

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Personal Data Protection and Trust Services in Paraguay

Personal Data Protection Law (Law No. 6,534/20)

The Personal Data Protection Law regulates the collection, access, and treatment of credit information data in Paraguay.

Key Provisions

  • Definition of personal data: Any information referring to specific or determinable legal or natural persons is considered personal data.
  • Companies engaged in obtaining and providing credit information: Entities responsible for processing credit information must adhere to certain provisions, including a duty of secrecy.
  • Access to personal data: Individuals have the right to access their personal data, as well as those under their authority.
  • Consent and revocation: Individuals must consent to the collection and use of their personal data, which can be revoked at any time.

Proposed Bill

A proposed bill aims to rectify existing laws by including personal data protection in the existing framework. The proposed bill regulates issues related to:

  • Biometric, genetic, sensitive, and personal data
  • Processing and automated use of this data
  • Profiling based on personal data

Trust Services Law (Law No. 6,822/21)

The Trust Services Law regulates trust services for electronic transactions, documents, and transmissible documents in Paraguay.

Key Provisions

  • Definition of trust services: Services involving creation, verification, validation, or preservation of electronic signatures, seals, time stamps, delivery, website authentication, and means of identification through electronic identification systems.
  • State entity responsible for supervision: The Ministry of Industry and Commerce is responsible for supervising the implementation of trust services law.
  • Pillars to define trust services:
    1. Creation, verification, and validation of electronic signatures, seals, time stamps, certified electronic delivery services, and certification services
    2. Website authentication and other forms of digital identity
    3. Electronic seals and electronic time stamps
    4. Certified electronic delivery services

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