Securities Times Web News, in response to media reports on the compliance issues with the Personal Information Protection Law by a number of Internet securities firms, Futu exclusively responded to our reporters that it has insisted that user data security is a top priority since its inception. It said it has been strictly abiding by and implementing relevant laws and regulations, and will actively cooperate with regulatory authorities in the future to further safeguard user information security.
Futu further said that it has always actively cooperated with regulatory regulations. Prior to this, after the rectification and reform opinions put forward by the App special governance working group in July 2019, Futu immediately contacted the rectification and reform team and completed all the rectification work in accordance with the regulatory requirements on August 2, 2019.
It is reported that Futu has also maintained regular self-audit and self-examination, took the initiative to maintain communication with the regulatory authorities, strengthened professional learning on personal information security-related management requirements, and continuously enhanced its awareness and ability of personal information security protection. At the same time, Futu has also hired an external professional security team to provide regular and continuous safety inspection reports, actively optimize the system and strengthen risk prevention capabilities. With regard to the Personal Information Protection Law, Futu immediately organized relevant professionals to study and understand the legal spirit, and arranged for relevant teams to conduct self-examination.
Futu: Compliance with personal information protection regulations has been of top priority
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