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China's banks, insurers face proposed cybersecurity rules

( July 13, 2026, 05:19 GMT | Official Statement) -- MLex Summary: China's National Financial Regulatory Administration released draft rules on Friday to strengthen cybersecurity oversight of banks, insurers and financial holding companies, as regulators seek to standardize cybersecurity management across the financial sector. The proposed measures set out requirements covering cybersecurity governance, operational management, risk monitoring, incident response, critical information infrastructure protection and regulatory supervision, according to a draft released for public consultation. The consultation will remain open through Aug. 10.Statement follows. The draft measures are attached (in Chinese). ...

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