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In the News: Cross-Border Financial Data Transfer; Service Sector Reform; and Anti-Money Laundering in Legal
China eases cross-border data transfer restrictions for financial institutions; Trade war prompts plan to open up service sector; and new law firm anti-money laundering regulations to align with international standards
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Cross-Border Data Transfer Rules Eased for Some Financial Data
The Chinese government has introduced measures aimed at streamlining the cross-border transfer of financial data.
Under theGuidelines for Promoting and