As personal data become the key for enterprises to offer innovative and customized products internationally, regulations of cross-border data usage have become a new policy priority in many jurisdictions. The European Union was one of the first to enforce a new framework for data protection in 2018 – the General Data Protection Regulation (GDPR) – and many countries have since then followed suit. China, while modelling its data protection policies on GDPR, has more stringent rules for cross-border data transfers. How have the new data regulations changed global businesses? What are the implications for the broader economy? As jurisdictions roll out distinctive standards pertaining to cross-border data flows, it is important to understand the global data flow policy landscape, and to gauge their potential impacts.
In this webinar, we will discuss the cross-border data transfer policies under EU’s GDPR and China’s regulatory frameworks, what the economic implications are and the challenges of compliance.