Financial institutions have been required to carry out due diligence investigations on accounts, the draft PRC Cryptography Law has set encryption security standards for CII, and the Beijing court has upheld workers' rights
The PBOC and HKMA have launched the mainland-Hong Kong interbank bond market link, the CBRC has required banks to conduct annual stress tests on collateral, and the MOF and SAT have simplified the VAT rate structure
The CAC has required Sino-foreign joint online news services to undergo security assessments and companies to provide user data for internet content investigations, and the SPC and SPP have defined "serious circumstances" for personal data infringement cases
The SPC's Annual IP Report has shown trade secret disputes were a key concern in 2016, SIPO has extended prioritized patent examinations to all case types, and joint private and foreign investment has been encouraged in banks in pilot areas
MOFCOM has abolished the unitary system of authorized brand vehicle sales, the State Council Anti-monopoly Committee has clarified that IP possession doesn't constitute a dominant market position, and the CBRC has pledged to review banks' shareholder qualifications
The CAC has elaborated on cross-border data transfer reviews, SAFE has required banks to verify FX payments electronically and housing supply has been encouraged in cities with high demand
Presidents Xi Jinping and Donald Trump struck a friendly tone, the cybersecurity authority proposed thresholds for cross-border data assessments, China's largest-ever foreign deal cleared two major regulatory hurdles, and the CBRC highlighted 10 financial risks
In a rare move, the Texas judge rewrote the plea agreement to name his own independent corporate monitor in the ZTE sanctions case, substituting the DOJ's authority with the court's
