31 March 2021
This e-bulletin summarises the latest developments in cybersecurity and data protection in China. We focus on four areas: regulatory, enforcement, industry and international developments. |
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Our Highlights |
The financial regulators have continued to increase their efforts to develop and protect financial data. The People’s Bank of China released new standards on enhancing the data capability of financial institutions. Further, several banks were penalized for violating data protection rules in relation to processing of personal information. MIIT has maintained its focus on its push for data protection in mobile apps remain. In addition to drafting a dedicated regulation for data protection for mobile apps, the MIIT and its local branches have run continuous enforcement campaigns against data privacy violations made by mobile app operators.
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For further information, please contact:
Nanda Lau, Partner, Herbert Smith Freehills
nanda.lau@hsf.com