Customer Data Protection

The Hong Kong Monetary Authority’s Customer Data Protection rule highlights the need to ensure the alertness among staff of authorized institutions governed by the HKMA in protecting personal data. Therefore, customer data is required to be encrypted and safeguarded by adequate physical security controls when in electronic form.

Helpful Links:

A letter from the HKMA Executive Director in Banking Supervision Arthur Yuen

Related Industries:

Smarsh, Inc. assumes no liability for the accuracy or completeness of this information. Please consult with an attorney for specific information on specific rules and regulations and how they apply to your business.

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