China: People's Bank of China guidelines on cross-border data flow compliance in financial sector
Progress
Current status
adopted
17 Apr 2025 adopted
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
central bank
Implementation Level
national
Timeline of events
People's Bank of China and six other departments released guidelines on cross-border data flow compliance in financial sector
On 17 April 2025, the People’s Bank of China, the State Administration of Financial Supervision, the China Securities Regulatory Commission, the State Administration of Foreign Exchange, the Cyberspace Administration of China, and the National Data …
Event type
order
Action type
adoption
Government branch
executive
Government body
central bank