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
What It Requires
Who Must Comply
This law applies to:
- • Credit bureaus and financial institutions
- • Entities processing credit-related data
- • Psychological data processing
Capability triggers:
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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