On August 14, 2017, the Colombian Superintendence of Industry and Commerce (“SIC”) announced that it was adding the United States to its list of nations that provide an adequate level of protection for the transfer of personal information, according to a report from Bloomberg BNA. The SIC, along with the Superintendence of Finance, is Colombia’s data protection authority, and is responsible for enforcing Colombia’s data protection law. Under Colombian law, transfers of personal information to countries that are deemed to have laws providing an adequate level of protection are subject to less stringent restrictions (for example, prior consent for certain international transfers of personal information may not be required if a country’s protections are deemed adequate). This development should help facilitate the transfer of personal information from Colombia to the United States.
