Businesses Navigating Data Transfer Uncertainties by Balancing Compliance Necessity, Business Costs

December 18, 2020 | BY

Vincent Chow

The scope of China's cross-border personal information transfer regulatory regime is edging closer to being finalized, but businesses are in no rush to overhaul their data transfer practices

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China's newly released draft PRC Personal Information Protection Law (PIPL) (中华人民共和国网络安全法) introduces two new mechanisms for transferring personal information overseas, taking elements of the European Union's General Data Protection Regulation (GDPR) to potentially reduce direct government involvement in the regulatory regime (read part one of our analysis here).