PANAMA Law and Practice Contributed by: Rafael Rivera, Malvis Mina, Nicole Pérez and Carolina Lino, BDO Panama
9. Looking Forward 9.1 Upcoming Legal Reforms
8.3 Role and Authority of the Data Protection Agency In Panama, the competent authority responsible for overseeing compliance with data protection regulations is the National Authority for Trans - parency and Access to Information (Autoridad Nacional de Transparencia y Acceso a la Infor - mación – ANTAI), acting through its Directorate for the Protection of Personal Data. This entity plays a fundamental role in monitor - ing adherence to data protection laws and holds administrative sanctioning powers to enforce compliance.
Law No 462, enacted in March 2025, recently entered into force with the aim of reforming the Social Security Fund (CSS) in Panama. One of the main changes is the gradual increase in the employer’s contribution rate to the Disability, Old Age and Death Programme. This increase will be implemented as 13.25% starting in April 2025, 14.25% starting in March 2027 and 15.25% starting in March 2029. This progres - sive adjustment aims to strengthen the finan - cial sustainability of the Disability, Old Age and Death Programme without affecting employee contributions.
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