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Hong Kong law mandates that any data user inform a data subject prior to collecting their personal information of the purposes and classes of persons to whom it will be transferred; transfers constitute use. Furthermore, data users must comply with six Data Processing Policies which constitute core obligations under privacy legislation in Hong Kong.
Information must be given in writing and consent must be sought from each data subject unless an exception applies, such as protecting national security, international relations and crime prevention or detection; tax or duty assessments or assessments; debt collection activities; due diligence exercises; news activities; life-threatening emergency situations and processing data in accordance with another legislative regime such as China’s Personal Data Protection Act or Europe’s General Data Protection Regulation are examples of exceptions that do not comply with PDPO requirements.
If personal data is being transferred overseas, a PICS must be provided to the data subject in advance. It should include details on who the recipients of his data will be as well as why and a statement from him regarding how and why his information will be used overseas. In case of disputes regarding use, they will have the ability to challenge decisions made by data users.
Data science is one of the fastest-emerging fields worldwide, and Hong Kong is no different. Hong Kong boasts several acclaimed schools that provide training in data science as more industries hire data scientists – particularly within finance, real estate and supply chain management industries. Going forward, Hong Kong will remain a hub for this type of work.
Equinix Hong Kong data centres and colocation facilities are strategically positioned within one of Asia’s busiest financial and trading hubs, giving customers access to our global reach and ability to connect them into dense network ecosystems of enterprises, networks, IT service providers and IT service consumers. Equinix’s Hong Kong facility forms part of its new-generation financial data infrastructure known as CDI that will facilitate more efficient intermediation between banks and sources of commercial data as well as speed up fintech solutions while improving security, scalability and connectivity between banks and data sources – giving our customers maximum benefits from Equinix’s global reach and ability to connect them together into dense networks and IT service provider communities worldwide. Equinix offers numerous data centres around the globe – customers benefit from using Equinix facilities while Equinix will become part of its CDI project which will also improve security scalability connectivity between banks and data sources as it will improve security scalability connectivity between banks and data sources allowing more efficient intermediation between banks and sources, and accelerate fintech solutions while improving security, scalability connectivity between banks and data sources while improving security, scalability and connectivity between banks/sources/sources/sources//co/