CHINA: New draft proposes more stringent requirements for processing data in the financial services industry
DLA Piper Privacy Matters
AUGUST 8, 2023
The Draft Measures regulate the processing of electronic data collected and generated during the course of business activities that are under the supervision and management of PBOC (“ Regulated Data ”). The Draft Measures reflects PBOC’s approach in implementing the DSL requirements within the financial services industry.
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