Network platforms with more than 1 million users must apply for network security review when listing abroad

Recently, the State Internet Information Office, the National Development and Reform Commission, the Ministry of Industry and Information Technology, the Ministry of Public Security, the Ministry of State Security, the Ministry of Finance, the Ministry of Commerce, the Chinese Bank, the State Administration for Market Regulation, the State Administration of Radio and Television, the China Securities Regulatory Commission, the State Secrets Administration, the State Cryptography Administration and other thirteen departments jointly revised and issued the "Network Security Review Measures" (hereinafter referred to as the "Measures"), which will be implemented from February 15, 2022.

The relevant person in charge of the State Internet Information Office said that network security review is an important legal system in the field of network security, and since the implementation of the original Measures on June 1, 2020, it has played an important role in ensuring the security of the supply chain of critical information infrastructure and safeguarding national security. In order to implement the requirements of laws and regulations such as the Data Security Law, the State Internet Information Office and relevant departments have revised the Measures.

The Measures include situations in which network platform operators carry out data processing activities that affect or may affect national security into network security reviews, and make it clear that network platform operators with more than 1 million users' personal information must apply for network security review to the Cyber Security Review Office when going public abroad. According to the actual needs of the review, the CSRC has been added as a member unit of the network security review work mechanism, and the national security risk assessment factors have been improved.

The relevant person in charge of the State Internet Information Office said that the revision of the Measures is of great significance to ensuring national network security and data security.

(Netinfo China)