China: Cross-border data transfer regulation in Banking and Insurance Institutions Data Security Management Measures
Progress
Current status
in force
27 Dec 2024 in force
Scope
Implementers
China
Policy Area
Data governance
Policy Instrument
Cross-border data transfer regulation
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
other service provider
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national
Timeline of events
Implemented Banking and Insurance Institutions Data Security Management Measures including cross-border data transfer regulation
On 27 December 2024, the Banking and Insurance Institutions Data Security Management Measures, a regulatory framework designed to protect the integrity of sensitive data stored, transmitted and processed by banking and insurance institutions, came i…
Event type
order
Action type
implementation
Government branch
executive
Government body
other regulatory body