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
APRIL 20, 2021
This introduces a data lifecycle security framework, and represents the key guideline for handling personal and other financial information by financial institutions (i.e. Key compliance obligations include: Classification of financial data: the data lifecycle framework introduces five levels of financial data, namely: .
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