China: Implemented Banking and Insurance Institutions Data Security Management Measures including data protection authority governance

Description

Implemented Banking and Insurance Institutions Data Security Management Measures including data protection authority governance

On 27 December 2024, the Banking and Insurance Institutions Data Security Management Measures, a regulatory framework designed to safeguard the integrity of sensitive data stored, transmitted, and processed by banking and insurance institutions, cam…

Scope

Policy Area
Data governance
Policy Instrument
Data protection authority governance
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies), other service provider
Implementation Level
national
Government Branch
executive
Government Body
other regulatory body

Complete timeline of this policy change

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2024-12-27
in force

On 27 December 2024, the Banking and Insurance Institutions Data Security Management Measures, a re…