Llinks Law Offices, on July 7, 2022, had successfully held the seminar of "Compliance and Practices on Personal Information Protection for Financial Institutions" in its office in Shanghai.
In observation of key personal information protection issues in the financial industry, Llinks Team delivered attractive speeches, and exchanged and discussed ideas with the participants.
Xun Yang Esq., specializing in the practice of technology-related legal area, gave a speech on "From Cyber Security to Personal Information Compliance - Opportunities and Challenges for Financial Institutions". He commented on the developments and prospections on personal information protection legislation in the financial industry, illuminated how personal information protection requirements impact and challenge the operation of the financial business, and introduced the solutions and countermeasures for personal information compliance in context of the financial industry.
Then, Xun Yang Esq. and Ms. Yuwei Xia discussed the issues on personal information compliance of Apps in financial institution. In addition to analyzing the main risks in data compliance and the characteristics of law enforcement activities, they also thoroughly analyzed the possible compliance solutions in light of the typical violations in Apps found in practice.
After a tea break, Tracy Chen Esq., a partner specializing in funds, introduced the personal information regulatory trends and the requirements of data governance in the financial industry with the topic of "Practical Issues on the Implementation of Personal Information Protection in Financial Institutions". She also explained and discussed in depth the practical issues related to the sharing of personal information among group companies of financial institutions, cross-border personal information transfer and the management of the collaborators.
In the end, Xun Yang Esq. and Ms. Sherry Xiang introduced the main scenarios and compliance values of personal information security impact assessment for financial institutions with the topic of "Personal Information Security Impact Assessment for Financial Institutions". Moreover, in the context of specific cases, they explained the basic methods, main processes and suggested approaches to simplify large volume of personal information impact assessments.
The 2022 Llinks Seminar of Compliance and Practical Issues on Personal Information Protection in Financial Institutions attracted representatives from many financial institutions such as banks, securities firms, asset managers and insurance firms. Llinks will always adhere to the principles of professionalism and pragmatism, combine the legal developments in data and financial industry, go deep in the heated and forefront points in industries, and provide a platform for industry insiders to communicate.
