China: Adopted Notice of the People's Bank of China on Protecting Personal Financial Information by Banking Financial Institutions

Description

Adopted Notice of the People's Bank of China on Protecting Personal Financial Information by Banking Financial Institutions

On 28 January 2011, the People's Bank of China adopted the Notice of the People's Bank of China on Protecting Personal Financial Information by Banking Financial Institutions, which will enter into effect on 1 May 2011. The Notice applies to banking…

Scope

Policy Area
Data governance
Policy Instrument
Data localisation requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies), other service provider
Implementation Level
national
Government Branch
executive
Government Body
central bank

Complete timeline of this policy change

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2011-01-28
adopted

On 28 January 2011, the People's Bank of China adopted the Notice of the People's Bank of China on …

2011-05-01
in force

On 1 May 2011, the People's Bank of China implemented the Notice of the People's Bank of China on P…