CSRC specifies rules for convertible bond financing for M&A. Trust companies are rated for different levels of regulation. Online companies are required to comply with trade secrets protection specifications.
November 22, 2023
China Law News
European Chamber survey highlights its issues with China's data privacy laws; Purplevine IP funds IP lawsuits in the U.S. amidst attempts to control litigation finance practices; and Outlined regulations affect the future cryptocurrency market of Hong Kong.
November 22, 2023UK NSI Act update may bring new opportunities for foreign companies; Fund registration and operational requirements are relaxed to lower cost of foreign investment in China capital markets; and NFT theft is considered criminal theft due to its property and data characteristics.
November 15, 2023Revised state secrets protection law specifies acts of violation. State Cryptography Administration issues rules on security assessment of commercial cryptography, as well as qualifications for commercial cryptography testing institutions.
November 10, 2023China bans those holding state secrets from traveling abroad during the 'confidentiality period'; the European Union requires Alibaba's subsidiary AliExpress to provide information on its measures to deal with illegal products; and the British fashion retailer Missguided is now under the management of SHEIN
November 07, 2023Biden's AI executive order lays the foundation for AI export control rules; New Chinese super-financial regulator takes power away from existing state institutions; and U.S. orders immediate halt to some AI chip shipments to China.
November 02, 2023Law firms may not simultaneously serve different parties in the same securities deal. IP courts now accept only major and complex utility model patents, technical secrets and computer software appeal cases. Online service providers shall require the provision of the true identity information of minors
October 31, 2023China's proposed amendment of its state secrets law has alarmed foreign businesses; a U.S. Congressional committee will probe Sequoia over its China tech investments; and China will scrap its price cap on land sales to revive its property market
October 25, 2023SAMR sets forth permit requirements for drug dealers. Lawful property rights of private enterprises is protected. Qualified third-party enterprises engaged in pollution prevention and treatment enjoy reduced tax rate.
October 24, 2023U.S. further restricts export of chips to curb China's technological advancement; China bans domestic brokerages from offshore trading in order to stabilize its currency; and Chinese court continues to not recognize crypto lending in civil litigation cases
October 18, 2023
