Cross-border Flow of Financial Data in Guangdong-Hong Kong-Macao Greater Bay Area:Practical Issues and the Way Forward for the Rule of Law
Finance is an important part of a modern economy.In the era of big data where digital elements flow at high speed,financial data is an important strategic resource for the high-quality development of the Greater Bay Area.At present,there is a growing demand for cross-border flow of financial data among Guangdong,Hong Kong and Ma-cao.Taking advantage of the construction of the"Digital Bay Area",promoting the cross-border flow of financial data among Guangdong,Hong Kong and Macao will help accelerate the"three kinds of evolution of two markets and one kind of rules".By applying the whole process of"before,during and after"thinking,it is found that the cross-border flow of financial data in the Guangdong-Hong Kong-Macao Greater Bay Area is faced with difficulties in the conver-gence of rules,organization and supervision,and the protection of rights.Guangdong,Hong Kong and Macao should form a three-dimensional rule of law path of"legislation+organization+rights",so as to realize the safe and orderly cross-border flow of financial data in the Guangdong-Hong Kong-Macao Greater Bay Area through a combination of point-to-point legislation,up-and-down organization and supervision,and the protection of rights in a common and in-tegrated manner.
financial datathe Greater Bay Area(GBA)cross-border flow of datadigital economy
万方数据
维普
