On August 9, the Internet Society of China ("ISC") approved three association standards, including the Privacy Protection Computing Platform in Financial Scenarios — Technical Requirements and Test Methods (the "Technical Requirements and Test Methods"), the Service Specification for Institutional E-signing Based on Blockchain, and the Security Technical Requirements and Test Methods of Mobile Application SDK, all effective from November 5, 2022 and on.

The Technical Requirements and Test Methods have specified the technical requirements for the security, performance, and functions of the privacy-preserving computing platform used in the financial field, and provided the corresponding test methods for the technical requirements. This standard applies to the design, development, testing and evaluation of privacy protection computing platforms for banks, securities companies, insurance firms and other financial institutions and related cooperative institutions. The Technical Requirements and Test Methods mainly propose technical requirements for related products or platforms from the dimensions of privacy-preserving computing capability, financial scenario application capability, principle architecture security capability, and platform management capability.

(Source: Internet Society of China)