China continues to regulate data security. The Data Security Management Measures in the Field of Industry and Information Technology, which took effect on January 1, 2023, further specify the management of the entire life cycle of data. Companies should primarily pay attention to the following four requirements: Data localization: It is not explicitly required that… Continue reading New measures for Data Security Management
Tag: data localization
Data Protection: Obstacle to the Digital Economy?
There are new proposals for data management and cross-border data transfer. For example, the issues of data ownership, use, processing and control should be clarified. Data privacy, trade secrets and national security should be regulated in certain use scenarios such as Big Data marketing, corporate data sharing and cross-border data flows. Regulation of cross-border data… Continue reading Data Protection: Obstacle to the Digital Economy?
China’s Strict IT Compliance Competes with RCEP
The world’s largest free trade agreement, the Regional Comprehensive Economic Partnership (RCEP), has been in effect since Jan. 1, 2022. It allows companies in participating countries to engage in cross-border partnerships, tariff reductions and trade simplification. Over the next 20 years, up to 90% of tariffs incurred in the zone are expected to be eliminated.… Continue reading China’s Strict IT Compliance Competes with RCEP
Cyber Security and Data Protection: What’s in Store for 2022?
The year 2021 was – not only, but also – a turbulent year in the areas of cyber security and data protection in China. In addition to increased enforcement of the Multi-Level Protection Scheme (MLPS) in China, the implementation of which has been legally binding for companies in China since 2017 (see our webinars), many… Continue reading Cyber Security and Data Protection: What’s in Store for 2022?
The Obligation to Localize Data Affects More Companies
When it comes to data protection in China, data localization is inevitable for foreign companies. The basic requirements are currently mainly set out in the Cyber Security Law, and many service providers such as the financial sector, providers of public health information, and online cab booking services have issued their own data localization requirements. The… Continue reading The Obligation to Localize Data Affects More Companies