Data Governance

232  •  Fernando A. Faria and Gladys E. Simpson

the banking sector in China. e interview’s main purpose with the

CBRC consultant was to investigate the vision of Chinese regulation

on IG practices. Additionally, it was possible to understand the dier-

ent stages of governance between the Hong Kong and mainland China

banking systems.

IG Relevance

Many banks are currently engaged in attempts, for example, to achieve

KYC (know your customer). is is only additional evidence from all the

interviewed executives that banking is basically “information.” Indeed,

information is highlighted as a very sensitive subject presently in banks.

To illustrate the importance of information governance, there is the state-

ment of a senior advisor from China: “Reliable ...