In October 2014, the Office of the Privacy Commissioner for Personal Data (PCPD)released the new Guidance on the Proper Handling of Customers’ Personal Data for the Banking Industry (“the Guidance Note”). According to the PCPD, the banking industry has long been among the top three private sector organizations against which complaints are made, and the number of complaints keeps growing. The new Guidance Note is no doubt an effort to reiterate to banks the importance of complying with the relevant data protection requirements under the Personal Data (Privacy) Ordinance.
© 2021 KPMG Huazhen LLP, a People's Republic of China partnership, KPMG Advisory (China) Limited, a limited liability company in China, KPMG, a Macau partnership and KPMG, a Hong Kong partnership, are member firms of the KPMG global organisation of independent member firms affiliated with KPMG International Limited ("KPMG International"), a private English company limited by guarantee. All rights reserved. The KPMG name and logo are registered trademarks or trademarks of KPMG International.
For more detail about the structure of the KPMG global organisation please visit https://home.kpmg/governance.