Cybersecurity in the Securities and Futures Industry in China will be improved.
The China Securities Regulatory Commission (“CSRC”) published for public comment the draft Administrative Measures for Cybersecurity in the Securities and Futures Industry (“Draft Measures”) on April 29, 2022. The CSRC first published interim information security protection measures in 2005, which were eventually updated by the present version in 2012. There were few laws or regulations on cybersecurity or data protection in China at the time. Since 2016, a slew of key rules and regulations have been adopted, rendering the current CSRC [...]
