The Innovation, Technology and Industry Bureau and the Cyberspace
Administration of China announced on 13 December 2023 a facilitation
measure on “Standard Contract for Cross-boundary Flow of Personal
Information Within the Guangdong-Hong Kong-Macao Greater Bay Area
(Mainland, Hong Kong)”1 and its early and pilot implementation arrangements,
and invited participation in such pilots from, among others, the banking and
credit referencing sectors. The standard contract and the pilot implementation
arrangements aim to foster and safeguard the cross-boundary flow of personal
information in an orderly manner.
Resources: https://www.hkma.gov.hk/media/eng/doc/key-information/guidelines-and-circular/2024/20240628e2.pdf