Timothy Bickham, Stephen Yang and Lin Yang of Steptoe & Johnson examine the impact of a tough new IP law on foreign companies conducting business in the U.S
China regulates generative AI to mitigate risks of the technology; Anti-corruption campaign targets executives in the financial sector; and New IPOs perform well
ChatGPT has dramatically changed the world of AI and has profound implications for technology and human development. But can the legal system keep up and ensure appropriate protection of the intellectual property rights involved? Fang Qi and Danlei Wu of Fangda Partners explore this question
The U.S. Copyright Office suggests that some types of AI-generated content may be copyrighted; Big Four auditing firm Deloitte's Beijing Office was fined US$31 million for deficiencies in its audit of Huarong; and Chinese government officials have pledged to allow foreign firms to list when conditions are "mature."
U.S. further protects its technology with new strike force; Hong Kong amends listing rules; and China accedes to the Apostille Convention for international business integration.
2022 regulatory trends in China, including data protection, TMT, capital markets, PE/VC, IP, dispute resolution, healthcare, banking & finance, sanctions and antitrust.
US Congress passes Act to protect American intellectual property; China plans measures to boost foreign investment centrally and locally; and deals in the life sciences sector are subject to strong CFIUS scrutiny.