China has introduced new regulations governing cross-border data transfers, setting stricter guidelines for businesses that handle and transfer personal and sensitive data across international borders, writes Kristina Koehler-Coluccia, Head of Business Advisory at Woodburn Accountants & Advisors The new measures, which aim to protect data privacy and national security, require companies to implement comprehensive risk assessments, obtain regulatory approvals, and ensure transparency in data handling. For businesses transferring data in …
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- Technology
Investing in cybersecurity is crucial for UK businesses in China – here’s why
by CBBCby CBBCKay Ng, cybersecurity and data regulations expert and founder of Cyber Analytics, offers a guide to protecting digital data and assets for British companies operating in China In an era of unprecedented economic volatility and geopolitical tensions, where data and cybersecurity have become the new battlegrounds, UK businesses operating in China face a unique challenge: driving business growth in a complex market while safeguarding their intellectual property and digital assets…. …
Multinational corporations operating in China often share information with their subsidiaries or headquarters outside the country. However, since new regulations came into effect in June 2022, certain personal data processors, including companies that only handle data on fewer than 1 million people, are required to sign contracts with overseas recipients before sending data abroad, writes Kristina Koehler-Coluccia, Head of Business Advisory at Woodburn Global The legislative framework in China for… …
China’s new Personal Information Protection Law (PIPL) came into effect on November 1 and is now one of the strictest in the world governing what businesses can do with Chinese people’s personal information. So what do China’s new data privacy laws mean for your company in practice? And how can you make sure you’re compliant with the new regulations? In this article, first published in China Briefing, Thomas Zhang, Dezan Shira… …