Are there data localization/data residency or other types of laws that may require the retention and storage of data in the local jurisdiction, or prohibit the transfer of data out of the jurisdiction?
Last review date: 17 January 2025
No.
There are no statutory requirements for data localization or data residency. However, some sectoral guidelines (e.g., healthcare/medical sector) have rules on data localization.
On 28 October 2023, the EU and Japan concluded a landmark deal on cross-border data flows at the High-Level Economic Dialogue. An important element of the deal is the removal of the costly data localization requirements. Once ratified, companies will now be able to handle and process data efficiently without the previous cumbersome administrative and storage requirements. Once approved, the agreed provisions will form part of the EU-Japan Economic Partnership Agreement.