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Chinese industry regulators should standardize data-outflow scenarios: official

By MLex Staff ( December 2, 2024, 04:48 GMT | Insight) -- Industry regulators in China should play a key role in standardizing combing through different scenarios for data outflows, including scenario definition, in the areas under their supervision, if they are to provide better guidance for companies that need to transfer data abroad, an Internet official said recently. Lin Zhiqiang, from the country’s Cyberspace Administration, explained the need for the sorting of responsibilities by pointing to a set of compliance guidelines on cross-border financial data transfers to be issued by China’s financial regulators.Chinese industry regulators should play a key role in standardizing combing through different scenarios for data outflows, including scenario definition, in the areas under their supervision, if they are to provide better guidance for companies that need to transfer data abroad, an Internet official said recently....

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