The FTZ Negative List has been revised, critical network equipment has been defined for the cybersecurity Catalogue, and the localization of personal and important data has been clarified
June 27, 2017
China Law News
The PBOC has confirmed there are no northbound trading limits for the mainland and Hong Kong bond market connect, the CSRC has restricted major shareholders from reducing ownership through block trades, and class arbitration has been introduced for labor disputes
June 05, 2017Financial 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
May 25, 2017The 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
May 18, 2017The 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
May 11, 2017The 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
April 27, 2017MOFCOM 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
April 20, 2017The new foreign exchange policy further encourages offshore loans and provides greater funding flexibility for Chinese companies and MNCs
April 19, 2017The 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
April 12, 2017Presidents 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
April 11, 2017
