China: Implemented Banking and Insurance Institutions Data Security Management Measures including cross-border data transfer regulation
Description
Implemented Banking and Insurance Institutions Data Security Management Measures including cross-border data transfer regulation
On 27 December 2024, the Banking and Insurance Institutions Data Security Management Measures, a regulatory framework designed to protect the integrity of sensitive data stored, transmitted and processed by banking and insurance institutions, came i…
Scope
Policy Area
Data governance
Policy Instrument
Cross-border data transfer regulation
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies), other service provider
Implementation Level
national
Government Branch
executive
Government Body
other regulatory body