In the News: EU Introduces Forced Labor Regulation; EU Requires Tech Transfers from China; and Crypto Ownership Deemed Legal in China

EU to ban products and components involved in forced labor; EU plans to require tech transfers for Chinese companies to obtain subsidies; and Shanghai court’s opinion allows Chinese individuals to own cryptocurrency

By CLP staff and Krista Lee

In the News: EU Introduces Forced Labor Regulation; EU Requires Tech Transfers from China; and Crypto Ownership Deemed Legal in China

European Union introduces Forced Labor Regulation

The European Union (EU) has cleared the final step required to enact the Forced Labor Regulation (FLR), which is aimed at all instances of forced labor globally, according to an EU press release.

Under the FLR, there is a ban on “placing and making available on the Union market, or the export from the Union market, of any product made using forced labor.”

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