Cybersecurity

• Cyberspace Administration of China, Measures for the Administration of Compliance Audits of the Protection of Personal Information (Draft for Comments)

  国家互联网信息办公室个人信息保护合规审计管理办法 (征求意见稿)

  Companies that collect a large amount of personal information are required to conduct a compliance audit of its protection of personal information annually

  August 15, 2023

• Cyberspace Administration of China, Provisions for the Administration of the Security in the Application of Facial Recognition Technology (Trial Implementation) (Draft for Comments)

  国家互联网信息办公室人脸识别技术应用安全管理规定 (试行) (征求意见稿)

  Facial recognition may not be carried out if other non-biometric identification technology solutions are available

  August 15, 2023

• People's Bank of China, Measures for the Administration of Data Security in the Business Areas of the People's Bank of China (Draft for Comments)

  中国人民银行中国人民银行业务领域数据安全管理办法 (征求意见稿)

  People's Bank of China issues rules restricting cross-border transfer of its business data

  August 09, 2023

• A Data Compliance Reference Manual from the Supervisory Authority

  A new set of Measures have been published by the People's Bank of China. In this article, Zhou Yang of Jingtian & Gongcheng examines the provisions and reveal how they will impact and assist data handlers in the financial sector

  August 09, 2023

  

• Tentative Measures for the Administration of Generative Artificial Intelligence Services

  生成式人工智能服务管理暂行办法

  AI service providers are required to protect users' personal information

  August 04, 2023

• In the News: 'Reverse CFIUS' Will Not Apply Retroactively; PBOC Drafts Rules on Data Security; and China Encourages Private Investment in Projects

  President Joe Biden's much-anticipated "Reverse CFIUS" executive order, which will require the screening of U.S. investments into China, will not apply retroactively, at least initially; The PBOC drafts rules on data security for its own business areas; and China aims to inject private captial into national infrastructure projects.

  July 26, 2023

  

• In the News: US Outbound Investment Tracker; Data Decoupling; and Foreign Pharmaceuticals in China

  U.S. senators propose amendment to defense bill requiring the tracking of U.S. investments in China; Foreign firms are accelerating their push to decouple their data in China from the rest of the world; and China's commerce minister pledges to open up more opportunities to foreign pharmaceutical firms in a roundtable meeting

  July 19, 2023

  

• In the News: Screenshots on Social Media Catch the Eye of the CSRC; Management Fees of Mutual Funds Decrease; and Record Number of Delistings

  The CSRC targets screenshots of texts in Chinese social media containing speculative news affecting share prices; Management fees of mutual funds are decreased to encourage investment activity; and Delistings are reaching record levels as Chinese listing rules tighten.

  July 12, 2023

  

• In the News: Overseas Listings Challenges; First Standard Contract Filing; and China Free Trade Zones

  No Chinese companies have successfully listed overseas due to tight scrutiny from domestic regulators; A Beijing company succeeds in making a SCC filing for the cross-border transfer of data; and China announces measures to open up free trade zones in order to lure back foreign investors.

  July 06, 2023

  

• Guidelines for the Record Filing of Standard Contracts for the Overseas Transfer of Personal Information (First Edition)

  个人信息出境标准合同备案指南（第一版）

  CAC sets forth guidelines for filing of standard contracts of overseas data transfers.

  July 04, 2023