6 May, 2021
On March 29 after an 2-year period of of vacatio legis (absence of law), the long-awaited Law 81 on Personal Data Protection in Panama, originally passed in 2019, came into force.
Like recent regulations on data protection in Latin America, Panama’s Law 81 was noticeably influenced by the European regulatory model and includes some of the innovations from the EU’s General Data Protection Regulation (GDPR).
Law 81 will apply to databases that are 1) located in Panamanian territory and store or contain personal data of nationals or foreigners and 2) are administered by a data owner domiciled in Panama.
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