China: Adopted Administrative Measures for Cybersecurity in the Securities and Futures Industry
Description
Adopted Administrative Measures for Cybersecurity in the Securities and Futures Industry
On 27 February 2023, the China Securities Regulatory Commission (CSRC) announced the adoption of the “Administrative Measures for Cybersecurity in the Securities and Futures Industry”, which includes requirements for network and data security. The measures require entities to implement an early warning system, carry out risk assessments and create data backups. The measures will be implemented on 1 May 2023.
Original sourceScope
Policy Area
Data governance
Policy Instrument
Cybersecurity regulation
Regulated Economic Activity
other service provider
Implementation Level
national
Government Branch
executive
Government Body
other regulatory body
Complete timeline of this policy change
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2022-04-29
in consultation
2022-05-29
processing consultation
2023-02-27
adopted