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CHINA: New draft proposes more stringent requirements for processing data in the financial services industry

DLA Piper Privacy Matters

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

DLA Piper Privacy Matters

This introduces a data lifecycle security framework, and represents the key guideline for handling personal and other financial information by financial institutions (i.e. similar to the PIS Specification, but focused on the banking and financial services industry). Level 1: public data.

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China’s PIPL has finally arrived, and brings helpful clarification (rather than substantial change) to China’s data privacy framework

DLA Piper Privacy Matters

Instead the PIPL is a robust data privacy framework designed to safeguard individuals’ personal data against abuse, but at the same time to reflect cultural and business attitudes to data in China, as well as new technologies (including advances in AI, biometrics and data analytics), and to enable flows of personal data.

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FRANCE: CNIL adopts new single authorization on fraud prevention systems

DLA Piper Privacy Matters

The French data protection authority (CNIL) has just adopted Single Authorization No. AU-054 (the “AU-054”) on July 13, 2017 in order to cover the processing of personal data implemented in relation to these fraud prevention/detection systems. The broad range of personal data that can be processed under the AU-054.

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Mexico Issues Cookie and Web Beacon Rules and Privacy Notice Requirements

Hunton Privacy

The Guidelines introduce heightened notice and opt-out requirements for the use of cookies, web beacons and similar technology, and they impose extensive requirements on the content and delivery of privacy notices generally (with respect to all personal data, not just data collected via cookies and other automated means).

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The Week in Cyber Security and Data Privacy: 22 – 28 April 2024

IT Governance

million to settle a complaint alleging that the home security camera company Ring “allowed employees and contractors to access consumers’ private videos and failed to implement security protections, enabling hackers to take control of consumers’ accounts, cameras, and videos”. law with respect to their data collected by U.S

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Debate Continues on the Future of US Privacy Regulation from California to Capitol Hill

Data Matters

On December 12, a group of 16 Democratic Senators released a discussion draft of the “ Data Care Act ” (S. 3744), which would establish duties of “care, loyalty, and confidentiality” for online providers that handle personal data.

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