Legislation roundup: Cloud computing, internet information services and real property enterprises
July 25, 2019 | BY
Susan MokSecurity assessment of cloud computing services for critical information infrastructure is specified, delinquent internet information service providers and users will be blacklisted, and real property enterprises are restricted from issuing foreign debt.
Cybersecurity
Cyberspace Administration of China, National Development and Reform Commission, Ministry of Industry and Information Technology and Ministry of Finance, Measures for Security Assessments of Cloud Computing Services
A security assessment of cloud computing services shall focus on the following:
(1) the background and stability of the cloud service provider's personnel, particularly those personnel members who have access to client data and can collect relevant metadata;
(2) the security of the cloud platform technology, product and service supply chain;
(3) the practicability and convenience with which clients can move data; and
(4) the business continuity of the cloud service provider.
See the full translation.
Cyberspace Administration of China, Measures for the Administration of the Integrity Information of Seriously Delinquent Entities Involved in Internet Information Services (Draft for Comments)
If an internet information service provider or user fabricates, posts or transmits information that runs counter to public morals, commercial ethics, good faith, etc. through a network, thereby seriously disrupting the transmission order in cyberspace, prejudicing the public interest and the lawful rights and interests of the people, and causing an adverse social impact.
Further reading
Real Property
General Office of the National Development and Reform Commission, Circular on the Requirements for the Application for Record Filing by Real Property Enterprises That Issue Foreign Debt
The proceeds derived from an offering of foreign debt by a real property enterprise may only be used to replace a medium or long-term foreign debt that will fall due within the coming year.
A real property enterprise that offers foreign debt shall strengthen its information disclosure and specify the use to which the proceeds are to be placed and other such information in its prospectus and other such documents.
See the digest for more details.
Further reading
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