Hong Kong: Announced PCPD Investigation into ZA Bank Limited to Ensure Data Security
Description
Announced PCPD Investigation into ZA Bank Limited to Ensure Data Security
On 30 June 2023, the Office of the Privacy Commissioner for Personal Data (PCPD) Hong Kong opened its investigation into ZA Bank Limited concerning compliance with data protection laws. ZA Bank Limited is the first virtual bank in Hong Kong and is reviewed due to its handling of sensitive personal data.
Original sourceScope
Policy Area
Data governance
Policy Instrument
Data protection regulation
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies), other service provider
Implementation Level
national
Government Branch
executive
Government Body
data protection authority