Japanese companies are putting off efforts to comply with China’s Cybersecurity Law, prioritizing instead new European data-protection rules that go into effect later this month.
Concern about falling foul of the EU's strict General Data Protection Regulation, or GDPR, is a major factor in that calculus. But so too is the fact that the Chinese law, which went into effect last June, contains many ambiguities that make it hard for Japanese companies to determine what they need to do to comply with it, MLex was told.
Global authorities to review bank capital standards in wake of accounting rule's 'procyclicality' flaws
26 February 2019 11:09am