Hangzhou Court applies copyright and unfair competition law to protect virtual human intellectual property in the absence of specific legal provisions; Hong Kong's loosened cryptocurrency rules attract Chinese state-owned banks; and increased regulatory scrutiny pushes Chinese investment in Europe to an 8-year low
Timothy Bickham, Stephen Yang and Lin Yang of Steptoe & Johnson examine the impact of a tough new IP law on foreign companies conducting business in the U.S
China regulates generative AI to mitigate risks of the technology; Anti-corruption campaign targets executives in the financial sector; and New IPOs perform well
The U.S. Copyright Office suggests that some types of AI-generated content may be copyrighted; Big Four auditing firm Deloitte's Beijing Office was fined US$31 million for deficiencies in its audit of Huarong; and Chinese government officials have pledged to allow foreign firms to list when conditions are "mature."
The U.S. approved nearly 70% of license applications for exporting goods and technology to blacklisted Chinese firms in 2022; Shenzhen and London Stock Exchanges sign agreement to implement a Shenzhen-London Connect; and online-generated credit reports replace "no illegal record" certificates in Shanghai
China has imposed new regulations on PRC companies raising foreign mid-to-long-term debt; It also has introduced stricter measures on bank asset risk classification; and for the first time, it has granted a wholly foreign-owned securities firm permission to be established in China.
China's IPO reform expands the registration-based system to main boards; Australian court refuses to deny Chinese arbitral award on public policy grounds; and China allows 12 market makers in the bond market to boost liquidity.
2022 regulatory trends in China, including data protection, TMT, capital markets, PE/VC, IP, dispute resolution, healthcare, banking & finance, sanctions and antitrust.
The Guidelines on Green Finance for Banking and Insurance Industries promulgated by the China Banking and Insurance Regulatory Commission along with the amended Measures for the Regulatory Assessment of Corporate Governance of Banking and Insurance Institutions set out more comprehensive rules applicable to banking and insurance institutions, as part of China's broader transition to a sustainable and resilient economy.
China opens treasury bond futures to foreign bank; no protection for crypto investment; and ORFS bring Hong Kong in line with other major arbitration centers
