CBIRC: Measures for data security administration

On January 15, the China Banking and Insurance Regulatory Commission (CBIRC) issued the measures for measures for data security administration (for Trial Implementation). The CBIRC conducts centralized management, and establish a management mechanism of overall coordination and division of responsibilities for data security. The information statistical department is responsible for the overall supervision of data security management The collection of regulatory data should be carried out in accordance with the principles of safety, accuracy, integrity and legal compliance to avoid duplication and excessive collection. Regulatory data is only used by the CBIRC in performing its regulatory duties. When the partyRead More →

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