China Issues 6-Regulator Rules to Classify Financial Data
Updated
Updated · Bloomberg · Jun 13
China Issues 6-Regulator Rules to Classify Financial Data
3 articles · Updated · Bloomberg · Jun 13
Summary
China released new guidelines for classifying and grading financial information service data, setting a national framework for how such data must be handled and protected.
Six regulators jointly issued the rules, including the Cyberspace Administration of China and the People’s Bank of China, signaling coordinated oversight of financial data governance.
The guidelines apply to financial information service providers operating within China and spell out how data should be categorized and secured.
The move is designed to implement China’s existing data security laws more consistently across the financial information sector.