CHINA: New draft proposes more stringent requirements for processing data in the financial services industry
DLA Piper Privacy Matters
AUGUST 8, 2023
Authors: Carolyn Bigg, Amanda Ge and Venus Cheung On July 24, 2023, the People’s Bank of China (“ PBOC ”) released the Measures for the Management of Data Security in the Business Areas Falling into PBOC’s Jurisdiction (Draft for Comment) (“ Draft Measures” ) for public consultation, which closes on August 24, 2023.
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