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China's central bank issues data-security management measures, effective June 30

( May 12, 2025, 03:32 GMT | Official Statement) -- MLex Summary: China’s central bank has issued data security measures that provide detailed requirements for data security compliance in credit, cross-border RMB transactions, interbank markets, payment and clearing, credit reporting and credit rating, anti-money laundering and more. The measures urge data handlers to conduct data processing activities in accordance with regulations, fulfill their data security obligations and safeguard the lawful rights and interests of individuals and organizations. The measures will take effect on June 30. Below please find the statement: ...

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