What do China’s data export regulations mean for its trade competitiveness?
China should consider how its cross-border data transfer rules could threaten its status as a leader in both manufacturing and the digital economy.
China should consider how its cross-border data transfer rules could threaten its status as a leader in both manufacturing and the digital economy.
Cross-border data transfer has become a focused issue for multinational companies that have operations in China. Each company should develop a wise and practical compliance strategy with experienced advisors on the ground.
China’s Banking and Insurance Regulatory Commission (CBIRC) recently released the Draft Measures on the Protection of Consumer Rights and Interests in Banking and Insurance Institutions (Draft) for public comment.
Shanghai and Shenzhen, the two economic hubs of China, implemented their respective “Data Regulations”. These municipal-level legislations attempt to balance the interest of stakeholders in the utilization of public data, data sharing, and privacy protection.
While #DiDi is a Chinese company, the article identifies certain takeaways for #MNCs to upgrade their #dataprivacy #compliance strategies in #China.
从立法原意出发,让企业根据自身情况选择使用《标准合同》或其它法定的合规途径,可以更好地达到标准合同制度保障个人信息权益的本来目的,或许也是一种更加符合现实、更能拥抱未来的思路。
A succinct summary and comments on China’s newly released standard contractual clauses governing cross-border data transfer.
The draft regulations require all banking and insurance companies operating in China to enhance their mechanisms of consumer protection.
Multi-national business operators should pay more attention to the following provisions
Multinational companies (MNCs) who are suppliers (e.g., IT service providers, software licensors, IDCs) of Target Companies should pay attention to these regulations
On first business day of 2022, China’s regulatory authority released a new regulation to prevent the algorithmic discrimination. Companies who applies machine learning technologies should reach out a lawyer who is familiar with the information technology to assess their risks.