Posted inData Privacy

China’s data scrutiny puts financial firms’ day-to-day compliance to the test

China is tightening personal information protections and urging businesses that handle personal data to strengthen compliance. Violations could result in million-dollar fines, depending on the case. The latest announcement from the Cyberspace Administration of China (CAC) outlined stricter requirements for personal data collection, third-party data sharing, and the use of facial recognition technology. The move […]

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