China releases guidelines to facilitate cross-border flows of financial data

BEIJING (Reuters) - China has released guidelines to facilitate more efficient and standardised cross-border flows of Chinese and foreign financial institutions' data, the central bank announced on Thursday.

The guidelines, jointly released by six government agencies including the People's Bank of China, further clarify the circumstances of data outflows and the list of data items that can flow across borders, the statement said.

(Reporting by Beijing Newsroom)

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