China: Opened consultation on Measures for the Administration of Data Security in the Business Field of the People's Bank of China including data localisation requirements
Description
Opened consultation on Measures for the Administration of Data Security in the Business Field of the People's Bank of China including data localisation requirements
On 24 July 2023, the People's Bank of China (PBC) opened a consultation on the Measures for the Administration of Data Security in the Business Field of the People's Bank of China, including data localisation requirements until 24 August 2023. The M…
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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2023-07-24
in consultation
2023-08-24
processing consultation
2025-05-01
adopted