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/HONG KONG/CHINA: US tech groups resist Hong.....>

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US: /HONG KONG/CHINA: US tech groups resist Hong Kong data-sharing proposal (FT)
- Google, Amazon Web Services and Microsoft have refused to agree to a proposal
that would give Hong Kong regulators access to customer banking records, putting
the companies on a collision course with city authorities. The technology groups
have been locked in negotiations since last year with the Securities and Futures
Commission, the Hong Kong regulator, over providing access to financial data
held on their cloud platforms. But the dispute has intensified after Beijing
imposed a national security law on the Chinese territory last month, according
to multiple people with direct knowledge of the discussions.
- Link: https://www.ft.com/content/77702487-0cec-4d88-990e-ffbcc69bf9df
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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