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New Cross-Border Data Developments Relax Some Compliance Burdens
Key Takeaways
- China’s cyber regulator has eased compliance burdens for sectors like tourism, shipping, and financial services, and has relaxed volume thresholds in some cases.
- New standards introduced by TC260 aim to clarify the categorization of important data, providing a non-binding framework to guide regulators and companies.
- Despite these changes, ambiguities around key definitions remain.