Greater Bay Area: Hong Kong, Shenzhen begin cross-border credit checks in pilot trial for data transfer
A new data-verification platform will test Beijing’s plan to keep watch on cross-border data flows without disrupting normal business operations.
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A new data-verification platform will test Beijing’s plan to keep watch on cross-border data flows without disrupting normal business operations.
In our previous alert, we reported on the proposal of the China Administration of Cyberspace (“CAC”) to relax the cross-border data transfer compliance requirements under the PRC Personal Information Protection Law (“PIPL”). On 22 March 2024, the CAC issued the much-anticipated Provisions on the Promotion and Regulation of Cross-border Data Transfer (“Provisions”) which confirm the relaxation measures which will have significant implications for multinational businesses. The CAC’s guidelines on applications for security assessment and standard contract recordal (“Updated Guide...
This handbook explains the key facets of China’s cross-border data transfer regime and offers practical steps for businesses' compliance.
Programme to focus on commonly used data, such as personal health records, banking details and business customer information.
Cofounder and chief executive officer of Shiprocket, Saahil Goel said poor governance around data in other economies sets an example for data governance.