In the News: Florida’s “CHINA Prevention Unit”; UK Eases Audit Rules for Chinese Listings; and PE Exit Struggles

Florida’s Attorney General launches “CHINA Prevention Unit” to protect Floridians’ data | London proposes accepting Chinese auditing standards to attract Shanghai Stock Connect issuers | PE firms struggle to exit their Chinese PE investments amid lower valuations

By Jeffrey Tse

Florida Creates Dedicated Unit Against Foreign Adversary Data Sharing

The Attorney General for the state of Florida has created a dedicated unit that aims to protect residents’ sensitive data from being collected by "foreign adversaries."

The unit, called the “Consumer Harm from International Nefarious Actors” (CHINA) Prevention Unit, uses an acronym that is pointed and singles out China, however the scope of the unit extends to all "foreign adversaries," the AG said.

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