China: Navigating China episode 16: New data lifecycle guidelines for financial institutions in China – detailed assessments, additional security measures and some data localisation introduced

Authors: Carolyn Bigg, Venus Cheung and Fangfang Song Important new guidelines outlining how personal and other types of financial information should be handled by financial institutions throughout the data lifecycle have just come into force in China, including a new data localisation obligation. The “Financial Data Lifecycle Guidelines” (金融数据生命周期安全规范) were published by the PBOC (the …

China: Navigating China episode 16: New data lifecycle guidelines for financial institutions in China – detailed assessments, additional security measures and some data localisation introduced Read More »