15 Aug 2024

LexisNexis helps real estate and retail customer navigate the evolving cross-border data landscape

As a prominent real estate and retail industry conglomerate headquartered in Hong Kong, the customer has extensive operations across the Hong Kong and Mainland China market. With a thriving consumer membership program, the company has amassed a substantial repository of customer personal data to support its service delivery and marketing initiatives. However, the introduction of the Data Security Law has made data protection a critical compliance imperative for the organisation.

Challenges: Navigating Evolving Data Regulations

The client faced several novel data protection challenges:

  • Frequent data breach incidents threatened to damage the company's brand reputation.
  • The rapidly evolving data privacy landscape, characterised by an absence of specialised legal expertise, made adherence to industry standards like GB/T extremely challenging.
  • Unclear guidelines surrounding cross-border data transfer compliance added to the complexity.
  • The internal legal and compliance team struggled to meticulously track and consolidate regulatory updates to report to the headquarters.

Solution: Leveraging LexisNexis' Legal Expertise

As a long-standing legal information partner, LexisNexis Legal & Professional has addressed the client's data compliance challenges:

  • Establishing a data security knowledge framework
  • Ensuring compliance with data protection checklists
    • By referring to LexisNexis' data protection checklists, the team conducted comprehensive self-assessments to ensure compliance across mobile application information collection and facial recognition processing.
  • Staying compliant with PRC regulations with Standardised contract templates
  • Staying alert of regulatory changes and industry penalties
    • Smart email alerts on regulatory changes and industry-specific administrative penalties from Lexis China Compliance Intelligence kept the team agile in addressing evolving regulatory dynamics.
  • Efficient and accurate communication with headquarters in China 
    • Professional English translations provided by China Compliance Intelligence enabled efficient and accurate reporting to the client's headquarters.

Outcomes: Comprehensive Data Compliance and Risk Mitigation

By partnering with LexisNexis, the customer was able to:

  • Establish comprehensive data management and protection measures
  • Avoid regulatory penalties and successfully mitigate legal risks arising from data compliance issues
  • Implement regular employee training, incident response drills, and simulation exercises to foster a robust data security culture.