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.
June 10, 2022
China Law News
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
June 07, 2022Social 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.
June 02, 2022Potential 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.
June 01, 2022Shanghai and Shenzhen Stock Exchanges issue rules on corporate science and technology innovation bonds. CNIPA issues guidelines assisting the catering industry in trademarking their names. Banking and insurance institutions shall safeguard consumers' right to fair trading
May 27, 2022PBOC lowers first-home buyer interest rates by 0.2%; Shenzhen establishes China's first ABS credit protection certificate; CSRC promulates prescriptive rules on public fund managers
May 24, 2022Foreign investment catalogues continue to encourage foreign investment in manufacturing. CBIRC has new requirements for insurance capital investment in financial products. Liability for damages shall be borne for ecological and environmental destruction in addition to the criminal liability.
May 20, 2022Chinese court imposes stringent requirements on NFT marketplaces to monitor copyright compliance; New rules on dissemination of false and price-sensitive information and pricing; Heightened burden on live-streaming platforms to protect minors
May 17, 2022Guidelines on certification of personal information protection for cross-border PI data transfers are set forth. Business cooperation in retirement financial business between banking and insurance institutions is supported. MOJ allows for overseas remote video notarization.
May 13, 2022European companies considering leaving China market over strict COVID-19 policies; Shanghai court ruling deems bitcoin a virtual asset protected by law; Didi New York IPO under SEC investigation
May 08, 2022
