CAC specifies the criteria for transferring personal information out of mainland China with standard contracts. Revised Anti-monopoly Law includes provisions on hub and spoke conspiracies. Concentrations that have effects of restricting competition are also subject to review even if they have not reached the filing threshold.
China requires real-name registration for online comment postings. AMAC imposes more requirements on record filings of private fund managers. Foreign institutional investors may engage in trading in open-ended bond index securities investment funds.
Comprehensive plans outline implementation of carbon reduction policies; Greater oversight over government officials' families; PBOC to support new format RMB settlement
CAC revises app information services rules enhancing user identity verification. CSRC tightens rules on business transactions of group finance companies. Insurance institutions are also required to strengthen their identification and management of affiliated parties.
EU Commission releases guidance on updated standard clauses for GDPR-regulated parties; Xiaohongshu invests in US-based Web3 startup; Regulations on price labelling and price gouging
Certification institutions may be engaged for data security certification. Shanghai encourages pre-reorganization to avoid bankruptcies. Business operators should clearly mark prices and the pricing units/methods.
Banks and insurance companies to boost green finance development; PRC courts to develop standard uses of blockchain technology by 2025; strengthened internal management requirements ensures probity of intermediaries
Social insurance reductions are extended to the manufacturing industry. Banks are required to apply the expected credit loss method. Securities, accounting and law firms shall strengthen their management of insider information.
Potential economic downturn prompts the State Council to announce multiple significant measures aimed at supporting SMEs and foreign trade enterprises, and unlocking value in existing infrastructure projects.
