The ten obligations, in one paragraph each
The PDPC's Advisory Guidelines on Key Concepts in the PDPA say the Act's data protection provisions contain ten main obligations. Several of them apply directly to the act of sharing a document. Here is how the PDPC summarises the ones most relevant to sharing.
Consent, purpose and notification
Under the Consent Obligation, an organisation must obtain the consent of the individual before collecting, using or disclosing their personal data for a purpose, unless an exception applies. The Purpose Limitation Obligation limits collection, use and disclosure to purposes a reasonable person would consider appropriate in the circumstances. The Notification Obligation requires you to tell individuals the purposes for which you intend to collect, use or disclose their data. When you hand a document to a third party, you are disclosing whatever personal data is inside it, so it is worth asking whether that disclosure fits the purposes you collected the data for.
Protection
The Protection Obligation requires an organisation to protect personal data in its possession or under its control by making reasonable security arrangements to prevent unauthorised access, collection, use, disclosure, copying, modification or disposal, and the loss of any storage medium or device on which personal data is stored. For document sharing, this is the obligation that most directly concerns how you send files and who can open them.
Retention limitation
An organisation must stop retaining documents containing personal data, or remove the means of linking the data to individuals, once the purpose is no longer served and retention is no longer necessary for legal or business purposes. A data room that stays open after a deal has closed, with every document still available to every bidder, sits uneasily with that principle.
Transfer limitation
An organisation must not transfer personal data outside Singapore except in accordance with the requirements prescribed under the PDPA. The PDPA does not require data to stay in Singapore. It sets conditions on transfers so that the data continues to be protected to a comparable standard. If your counterparty or your tools sit overseas, this obligation is worth discussing with your adviser.
Data breach notification and accountability
The Data Breach Notification Obligation requires an organisation to assess whether a data breach is notifiable and to notify the affected individuals and the PDPC where it is. The Accountability Obligation requires you to put in place the policies and procedures you need to meet your obligations, and to make information about them publicly available. The PDPC also notes that section 11(3) of the PDPA requires every organisation to designate one or more individuals, usually called a data protection officer, to be responsible for ensuring compliance.