How do the new regulations on cross-border data flows released by China change the compliance requirements for your business?
The implications of the Chinese restrictions on cross-border data transfers are a major cause for concern for foreign companies operating in China. DCBF recently conducted a webinar about the significant implications for businesses. However, given its current relevance and to ensure inclusivity for those who may have missed it, we cordially extend an invitation to you for this upcoming webinar hosted by the EU SME Centre and European Union Chamber of Commerce in China.
About the webinar:
The Cyberspace Administration of China (CAC) has recently introduced the “Regulations on Promoting and Regulating Cross-Border Data Flows”, which came into effect on 22 March 2024, replacing previous regulations from 2022. These new regulations bring about significant changes, such as relaxed timelines, reduced documentation requirements, and exemptions for data transfer, especially concerning employee data.
Despite the perceived relaxation and clarity brought by the new regulations, it is crucial to emphasize that stringent compliance requirements persist. Factors like cybersecurity, data security, and the Personal Information Protection Law (PIPL) are still strictly enforced, necessitating compliance efforts like data mapping, legal documentation, and privacy policies.
Join this workshop on May 16th, in Beijing and online, where industry experts will further explain the changes brought by the new regulations and offer practical guidance on the steps businesses should take to adhere to the new regulations.
