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China data privacy developments bring new concerns to banks

Data-rich organisations should scrutinise the differences between China’s recently amended data privacy rules and the more universal General Data Protection Regulation (GDPR) as the former will be used as a “compliance yardstick” for Chinese regulators, according to law firm Hogan Lovells. The personal information security landscape in China has undergone a major revamp since June 2017, when authorities set out the…

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