Hong Kong passes Stablecoins Bills: new regulatory regime for stablecoin issuers
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In the era of the Internet and artificial intelligence, data has evolved over the years into a vital asset of companies. Compliance in personal data export has become one of the major data compliance issues with the increase of data cross border transfer dictated by cross border investment and operation.
This article intends to answer some key questions that a company often encounters in the process of carrying out the Standard Contract for Export of Personal Information ("SCC") filing ("SCC Filing"), based on our recent experience of assisting our client – a multinational company, with their successful SCC Filing and aims to be a useful reference for companies intending to or in the process of carrying out their SCC Filing.
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