RM202400123

RM202400123 is a regulatory memorandum designation used within the fictional Regulatory Memoranda database. Issued in 2024, it outlines a framework for secure and standardized data exchange across public and private sectors, with a focus on interoperable digital services and auditable compliance.

Scope and applicability: The memorandum applies to government agencies, licensed providers, and contractors that handle personal or sensitive data. It specifies data categories, exchange formats, and governance roles, and requires conformance assessments by a third-party verifier.

Core provisions: It mandates data minimization, auditable access controls, encryption in transit and at rest, and role-based access. It requires standardized APIs and data schemas, documented data lineage, and event-based privacy notices. It also sets incident notification timelines and retention schedules, along with periodic compliance reporting.

Implementation and impact: Organizations began phased implementation in 2024, with full compliance targeted by mid-2025. Reported benefits include improved interoperability, reduced integration costs, and clearer accountability. Critics raise concerns about operational burden on smaller vendors and potential overreach in data access.

Governance and history: The memorandum was issued by the fictitious RM Governing Council after a public consultation process. A revision cycle was established, producing amendments in early 2025 to address API versioning and vendor certification criteria.

See also: RM series, Data interoperability standards, Regulatory memoranda.