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Data Exchange Agreement Template for Singapore

A Data Exchange Agreement under Singapore law is a legally binding document that establishes the terms and conditions for sharing data between parties. It incorporates requirements from Singapore's Personal Data Protection Act (PDPA), Cybersecurity Act, and other relevant legislation. The agreement details data handling procedures, security requirements, usage restrictions, and compliance obligations while ensuring protection of personal and sensitive information in accordance with Singapore's robust data protection framework.

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What is a Data Exchange Agreement?

This Data Exchange Agreement is designed for use when organizations need to establish a formal framework for sharing data in Singapore. The document addresses critical aspects of data exchange including security measures, compliance with Singapore's PDPA and related regulations, usage rights, and protection obligations. It is particularly relevant in today's digital economy where data sharing is essential for business operations while requiring careful management of privacy and security risks. The agreement provides comprehensive coverage of data handling procedures, technical requirements, and compliance obligations specific to Singapore's legal framework.

What sections should be included in a Data Exchange Agreement?

1. Parties: Identification and details of the parties entering into the agreement

2. Background: Context and purpose of the data exchange agreement

3. Definitions: Key terms and their meanings as used in the agreement

4. Scope of Data Exchange: Specific details of what data will be shared and how

5. Data Protection Obligations: Security measures and compliance requirements under PDPA and other applicable laws

6. Use Restrictions: Limitations on how shared data may be used

7. Term and Termination: Duration of agreement and termination provisions

8. Governing Law: Specification of Singapore law as governing law and jurisdiction

What sections are optional to include in a Data Exchange Agreement?

1. Cross-border Transfer Provisions: Required when data will be transferred outside Singapore, including compliance with international data protection laws

2. Industry-Specific Compliance: Additional compliance requirements for specific sectors such as financial services or healthcare

3. Audit Rights: Rights to audit data handling practices and compliance verification procedures

4. Disaster Recovery: Procedures for data recovery and business continuity in case of incidents

What schedules should be included in a Data Exchange Agreement?

1. Data Specification Schedule: Detailed technical specifications of data to be exchanged including format, frequency, and transmission methods

2. Security Requirements: Specific security standards and protocols to be followed for data protection

3. Service Levels: Performance metrics and standards for data exchange operations

4. Contact Matrix: Key contacts and escalation procedures for operational and emergency situations

5. Data Processing Procedures: Step-by-step procedures for handling and processing data in compliance with PDPA

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

Singapore

Cost

Free to use

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