Event Details
Info for New Members - About VDMA CEO Breakfast
The CEO Breakfast series is aiming for Top Executives from VDMA members in China to inform them about current lead topics that affect their businesses.
In cooperation with selected industrial and business experts the target is to provide a CEO Breakfast series to VDMA members who are having concerns and need strategic guidance for their operations in China. During the breakfast time you will have this unique opportunity to exchange ideas with your peers and learn from the experts and from each other.
Objective:
The new Personal Information Protection Law PIPL is often dubbed China's GDPR.
What are the new legal obligations since 1st November 2021, especially when data are being transferred abroad ?
What are the new penalties and actions to take for companies and their executives in China, in order to mitigate risks ?
We will focus on key points and best practice for German industrial companies doing business in China.
Registration:
-VDMA Members limited
-Seats are limited to only 12 seats, we will act after: First Come, Frist Serve.
-Please also provide related questions within your business if you need.
Presentation outline:
- Different categories of data (non-sensitive and sensitive personal information, important data, anonymised data)
- Extraterritoriality and how the PIPL also applies to foreign companies ?
- Reinforced and/or new obligations when handling data in China
- Legal obligations when transferring data to other parties in China and abroad
- Penalties higher than GDPR in case of violation and action plan for CEOs
