What It Is

LGPD (Lei Geral de Proteção de Dados Pessoais, Law No. 13.709/2018) is Brazil's comprehensive data protection regulation. It governs personal data processing with extraterritorial scope, applying to any targeting Brazilian residents. Primary purpose: safeguard privacy rights via risk-based approach with 10 principles like purpose limitation and accountability.

Key Components

• 10 core principles (purpose, necessity, transparency, security, prevention, non-discrimination, accountability).
• **Data subject rightsaccess, correction, deletion, portability, objection to automated decisions.
• **Legal bases10 options including consent, legitimate interests, contracts.
• **Governancemandatory DPO for controllers, DPIAs for high-risk, RoPAs.
• Enforcement by ANPD with graduated sanctions up to 2% Brazilian revenue (R$50M cap).

Why Organizations Use It

• Legal compliance avoids fines, suspensions; mandatory for data processors.
• **Risk reductionbreach notifications, security measures mitigate cyber threats.
• Builds trust, enables market access in Brazil's digital economy.
• **Strategic edgeprivacy-by-design supports AI innovation, partnerships.

Implementation Overview

Phased: governance/DPO appointment, data mapping/RoPA, policies/controls, DSR/incident processes, transfers/SCCs, audits. Applies to all sizes/sectors processing Brazilian data; no certification but ANPD audits.

What It Is

Basel III is the international regulatory framework issued by the Basel Committee on Banking Supervision (BCBS) following the 2007-2009 global financial crisis. It serves as a comprehensive prudential standard for banks, focusing on enhancing the quality and quantity of capital, constraining leverage, ensuring liquidity resilience, and promoting supervisory and market discipline. Its methodology integrates risk-weighted assets (RWA) with non-risk-based metrics like leverage and liquidity ratios for a multi-layered approach to solvency.

Key Components

The framework builds on three pillars: Pillar 1 includes minimum capital ratios (CET1 4.5%, Tier 1 6%, Total 8% plus buffers), a 3% leverage ratio, LCR (30-day liquidity), and NSFR (one-year funding); Pillar 2 emphasizes supervisory review and ICAAP; Pillar 3 mandates standardized disclosures for RWA comparability. No fixed control count; requirements evolve with finalisation reforms like output floors.

Why Organizations Use It

Banks implement Basel III for mandatory jurisdictional compliance, reducing crisis-like vulnerabilities, mitigating systemic risks, and enabling resilient balance sheets. It drives strategic asset allocation, enhances investor confidence via transparency, and provides competitive edges through optimized capital usage.

Implementation Overview

A phased, multi-year enterprise program involves governance setup, data architecture upgrades, model validation, stress testing, and Pillar 3 reporting. Targets internationally active banks globally; enforced via national laws with supervisory audits, no external certification.