The People's Bank of China releases the "Administrative Measures for Data Security in the Business Field of the People's Bank of China".

date
09/05/2025
Wisdom Financial APP learned that on May 9th, the "People's Bank of China Data Security Management Measures in the Banking Sector" was reviewed and passed at the 5th meeting of the People's Bank of China's functions held on April 2, 2025, and is now announced for implementation starting from June 30, 2025. The work of data security in business follows the principle of "who manages the business, who manages the business data, who manages the data security". The People's Bank of China holds the supervisory responsibility for business data security. Data processors should fulfill the obligation of data security protection, prevent risks such as tampering, destruction, leakage, illegal access, and illegal use of business data, and protect national security, public interests, legitimate rights and interests of individuals and organizations, respect social ethics and morals, adhere to commercial ethics and professional ethics, and ensure that business data flows freely in accordance with the law. According to relevant national regulations, business data is divided into three levels: general data, important data, and core data.