Derek Ho is the Assistant General Counsel for privacy and data protection at Mastercard for the Asia Pacific, Eastern Europe and Middle East Africa regions. Derek is a Singapore qualified lawyer and he specialises in privacy and data protection and technology law. Prior to Mastercard, Derek held senior legal positions in multinational companies in the Asia Pacific region, and was part of Drew & Napier LLC’s telecommunications, media and technology practice in Singapore.
In addition to his work at Mastercard, Derek serves in various advisory roles with different organizations, including as a member of the OECD AI Expert Group on AI, Data and Privacy, a member of the Singapore Personal Data Protection Commission’s Advisory Committee on Data Protection, and a member of the DIFC Digital Economy Court Working Group.
Derek earned a Doctorate in Business Administration, cum laude from SDA Bocconi School of Management, and a Bachelor of Laws from the National University of Singapore. He is also a Certified Information Privacy Professional, a Certified Information Privacy Manager, and a Senior Accredited Specialist in Data and Data Economy Law.
Roundtable Room 3, Sands Expo & Convention Centre, Level 4
Invite-Only
The challenges of data localisation and cross border data flow restrictions are emerging issues that large financial institutions are navigating as they expand their global footprint. The FSB’s stocktake of international data standards for cross-border payments in September 2023 highlighted feedback from the private sector regarding the rapid increase in data localisation measures and mirroring requirements.
Data localisation policies are driven by differing and legitimate public policy objectives including for operational resilience purposes, data security or to protect against cyber security threats. However, restrictive data policies may pose significant compliance costs and additional operational complexity that may also compel some cross-border market participants to leave certain markets, or act as a barrier to entry for smaller players which could potentially affect the availability and access to financial services.
This roundtable is intended to be an interactive session, including audience polls and surveys, to understand the challenges faced by the private sector in navigating the complex data regulatory landscape, deep dive into technology and policy solutions as well as best practices from public-private collaboration that could help financial institutions unlock effective cross-border data sharing whilst meeting public policy objectives behind data flow rules.
The Festival
Get Involved
Global Platforms
Copyright © 2024 Elevandi Limited and Constellar Exhibitions Ventures Pte Ltd.