CHINA: New draft proposes more stringent requirements for processing data in the financial services industry
DLA Piper Privacy Matters
AUGUST 8, 2023
Regulated Data includes personal and non-personal data categories, but state secrets are specially carved out from the scope of Regulated Data. Financial institutions and other organizations (“ Data Handlers ”) processing Regulated Data with the territory of China must comply with the requirements of the Draft Measures.
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