China: The EU General Data Protection Regulation: Compliance risks for PRC based companies

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The recently implemented European General Data Protection Regulation (GDPR) aims at the protection of natural persons with regard to the processing of personal data, ensuring that European data protection travels with such data. In order to achieve that aim, the GDPR imposes not only various restrictions and documentation requirements but also hefty fines in case of non-compliance. While individuals may welcome these measures as a long awaited means of regaining control over their data, companies located both inside and outside the European Union wonder to which extend the GDPR will affect their business operations.

Shortly after the implementation of the PRC Cyber Security Law, companies located in China thus have to urgently assess their compliance exposure to just another piece of legislation targeting the corporate use of personal data.




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