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A long-awaited legislative reform to empower Hong Kong authorities to penalise companies over data breaches has been put on hold over concerns it might put a dampener on the local business environment, lawmakers have been told.

Secretary for Constitutional and Mainland Affairs Erick Tsang Kwok-wai said on Monday that the government could consider a “piecemeal approach” by first introducing minor improvements to minimise the impact on small businesses.

Tsang made the remarks while appearing alongside Privacy Commissioner Ada Chung Lai-ling at a meeting of the Legislative Council’s constitutional affairs panel.

Full Article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3283268/hong-kong-holds-sweeping-privacy-law-revamp-over-concerns-impact-businesses?module=top_story&pgtype=section

Source: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3283268/hong-kong-holds-sweeping-privacy-law-revamp-over-concerns-impact-businesses?module=top_story&pgtype=section