On 24 February 2023, the Cyber Administration of China ("CAC") issued measures containing a standard contract template for transfers of personal information, detailed guidelines including for a required impact assessment and a filing-requirement for transfers of personal information from China to other countries.

The Cyberspace Administration of China has issued a draft standard contract for cross-border transfers of personal information out of China which will, if adopted, constitute a valid transfer mechanism under the Chinese Personal Information Protection Law. Both the transferring entity and the overseas recipient must still be aware of additional data protection requirements related to cross-border transfers, including reporting requirements.

The European Union has recently been active in terms of legislative developments relating to technology and digitalisation. News about Digital Services Act, Digital Markets Act, European Union's new Artificial Intelligence Act, Data Act and Data Governance Act are emerging frequently and there is a new development almost every week.

This article provides an overview of key issues in the new Credit Information Act which businesses must be aware of to ensure compliance with the new regulations.

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Managing Associate

Wegard's practice includes data protection, cyber security and IT law.

Wegard regularly assists clients with complex matters related to implementation of new technologies and business models, information security incidents and regulatory matters (GDPR, NIS2, Digital Security Act, Security Act and other sector-specific legislation). He has extensive experience on cyber incidents and handling of cases towards supervisory authorities. He has long experience on M&A-related matters within technology. He also works with software, e-commerce, consumer law, marketing, artificial intelligence and cross-border matters related to Chinese Privacy Law (PIPL).

Wegard is ranked as a "Leading associate" in Legal 500 within the category technology, media and telecom (TMT), where he is described as "excellent for privacy advice" and "extremely knowledgeable and up to date on data privacy legislation and changes in the current landscape".

Wegard is a regular examiner for master's theses and courses in privacy from universities.

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Wegard's practice includes IT/technology and data protection. He also works with marketing law and consumer rights and cyber security.

Wegard Kyoo Bergli

Acquisitions Editor (Economics and Business Administration)

Internship (political and economic issues)

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