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Paraguay Law 6534

Law 6534/2020 on Credit Data Protection

Paraguay's credit data protection law with limited scope. Defines sensitive data to include psychological data.

Jurisdiction

Paraguay

PY

Enacted

Sep 23, 2020

Effective

Oct 23, 2020

Enforcement

Secretaría de Defensa del Consumidor y el Usuario (SEDECO)

Limited scope - credit data only

Who Must Comply

This law applies to:

  • Credit bureaus and financial institutions
  • Entities processing credit-related data
  • Psychological data processing

Capability triggers:

psychologicalDataProcessing (required)
Required Increases applicability

Who bears obligations:

Safety Provisions

  • Psychological data defined as sensitive
  • Credit data subject rights
  • Security measures for credit databases
  • Right to access and correction

Enforcement

Enforced by

Secretaría de Defensa del Consumidor y el Usuario (SEDECO)

Penalties

Fines for violations

Quick Facts

Binding
Yes
Mental Health Focus
Yes
Child Safety Focus
No
Algorithmic Scope
No

Why It Matters

Paraguay's inclusion of psychological data as sensitive creates heightened protections for mental health chatbot conversations in credit/financial contexts.

Cite This

APA

Paraguay. (2020). Law 6534/2020 on Credit Data Protection. Retrieved from https://nope.net/regs/py-law-6534-2020

BibTeX

@misc{py_law_6534_2020,
  title = {Law 6534/2020 on Credit Data Protection},
  author = {Paraguay},
  year = {2020},
  url = {https://nope.net/regs/py-law-6534-2020}
}

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