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A new law in China means that everyone handling data must file for security assessment by the Cyberspace Administration of China before transferring important data out of the country. The "Security Assessment Measures for Outbound Data Transfer," promulgated on 7 July, joins other legal measures introduced in recent years including the Cybersecurity Law, Data Security Law and Personal Information Protection Law.

The new rules mean that it is crucial for corporates with businesses in China to establish an internal data management framework by asking themselves:
• What are "important data" in this context?
• What are the permissible mechanisms for such cross-border transfer?
• When are governmental security assessment and self-assessment required?
• What rights do the data subjects enjoy?

The regulatory and criminal liabilities for non-compliance could be devastating, with fines of up to 50 million RMB, or 5% of annual turnover, and the possibility of being ordered to shut down.

Our seminar on 30 August is designed to enhance your understanding of the data protection landscape in China and minimize your risk in data transfer. Chiang Ling Li of Tiang & Partners and Kok Tin Gan of PwC Hong Kong will spell out the latest Chinese data residency rules and share her insights on the key considerations for businesses.They will also use case studies to illustrate how the rules are enforced and the consequence for breaches.

DISCLAIMER
Speakers' presentations at this event are intended for educational purposes only and do not replace independent professional judgment. Statements of fact and opinions expressed during this event are those of the speakers and participants and, unless expressly stated to the contrary, are not the opinion or position of the Hong Kong General Chamber of Commerce, its members, or its committees. The Chamber does not endorse or approve, and assumes no responsibility for, the content, accuracy or completeness of the information presented. Attendees should note that, with the approval of speakers, this event may be recorded, and possibly published on the Chamber's website in audio and/or video formats without further notice.

Recording, duplication or distribution of the contents of the online event is prohibited without prior written permission from the Chamber.

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Speaker(s)

Chiang Ling Li, Partner, Tiang & Partners

Li is a Partner at Tiang & Partners, focusing on data, intellectual property, technology and life sciences. She has led successful litigation involving patents, trade secrets, copyright and unfair competition, and has successfully defended companies against alleged regulatory compliance violations.

Li works closely with industry organizations lobbying for legal reforms, including those concerning patent linkage and data exclusivity, and has been appointed an arbitrator by a number of institutions.

Kok Tin Gan, Partner, PwC Hong Kong

Gan is a Partner in PwC's Cyber Security & Privacy practice with over 17 years of experience. Gan is also the founder of Dark lab, Hackaday and Hackbot. Gan is currently the Vice Chairman of ITSMF HK Chapter and the member of security committee of Fintech Association of HK.

Gan's key areas of expertise and experience include cybersecurity strategy, framework, IT security framework (ISO27001, NIST, Multi Level Protection), application security (OWASP, OWASP Mobile) and data security (e.g., PCI DSS), secure development life cycle, DevSecOps, Cloud security, IT risk, security / technology architecture and white hat hacking.

Language

English

Date and Time

2022/08/30 16:00 to 17:15

Venue

This seminar will take place online via Zoom

Media

Closed to media

Enquiries

Wong Kin Long
Tel: 2823 1250
Email: klwong@chamber.org.hk

Fee

Members @ HK$100 / Non-Members @ HK$200
+$50 for booking offline
This event accepts Chamber Coupon (terms and conditions)
Members enjoy 30% discount with BOC HKGCC VISA Card

Notes

- Bookings are only confirmed upon receipt of payment, on a first come first served basis.
- Booking transfer is allowed for corporate members with advanced notice, walk-ins are normally not accepted.
- The Chamber reserves the right to decline any booking or cancel the event. In such case, a full refund of the participation fee will be issued.
- No refund will be made for last minute cancellations or no-shows. If the booking is cancelled at least 3 days before the event, and in such cases the refund will be subjected to a 10% administration fee, or HK$100 deduction, whichever is higher.
- Members paying with their BOC HKGCC Visa Card will enjoy a 30% discount on their reservation. The discount is only applicable to the card holder, and does not extend to their guests. The discount cannot be used in conjunction with Chamber Coupons.
- A $50 handling fee per person will be charged for all offline bookings (e.g. fax, e-mail, post) for all Chamber events. Go online today by downloading our app or registering on the HKGCC website to save the environment and money.
- Priority is given to corporate members. The decision to accept or decline any booking shall be at sole discretion of the Chamber.

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