These cloud storage providers are responsible for keeping the data available and accessible and the.
Electronic data storage providers.
Servers or devices for data storage at conventional data centres.
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The sfc defines electronic data service providers as companies that provide public and private cloud services provide services or devices for data storage at conventional data centres provide other forms of virtual storage and provide technology services in which information is generated in the course of service usage and can be.
As adapted from nist special publication 800 144 vi.
Regulatory records are records or documents which.
A public cloud is open for use by the general public and may be owned managed and operated by any organization.
The securities and futures commission the sfc has issued a circular the circular to licensed corporations lcs on the use of external electronic data storage providers edsps and updated the frequently asked questions on the premises for business and record keeping in light of the circular.
The securities and futures commission sfc issued a circular on 31 october 2019 circular setting out the applicable requirements for a licensed corporation an lc to use external electronic data storage providers edsps for keeping regulatory records exclusively i e.
Other forms of virtual storage of electronic information.
On 31 october 2019 the hong kong securities and futures commission sfc published a circular circular on the use of electronic data storage providers edsps by licensed corporations lcs in the circular the sfc has reminded lcs of their obligation to ensure the preservation and integrity of those records or documents they are required to keep under the securities and futures ordinance.
Examples are the message storage services offered by major email providers photo sharing sites and certain emr providers.
In addition to setting out the sfc s expectations for the mitigation of cyber and operational.
Why waste valuable storage space on your pc or phone when you can store your documents and media in the cloud and share it across devices.
The circular sets out requirements for when regulatory records note 2 are kept exclusively with an edsp without a duplicate set of records at the premises of the licensed corporation including the need to seek approval from.
The best cloud storage and file sharing services for 2020.
The securities and futures commission sfc today issued a circular to licensed corporations on the use of external electronic data storage providers edsps note 1.