The draft Personal Information Protection Law introduces two new data transfer mechanisms that do not seem to directly require government approval
December 11, 2020
Legal
Insurance companies bear legal liability for authorized acts of their agents
December 11, 2020Foreign financial institutions are allowed to invest in trust companies
December 11, 2020U.S. House unanimously passes Holding Foreign Companies Accountable Act; China releases first export control list under new regime, targetting encryption technologies; CBIRC publishes shadow banking report, defining sector for first time
December 07, 2020A party may file applications for arbitration enforcement with both the mainland China court and Hong Kong court respectively, e-commerce platforms are required to set guidelines for handling IP infringement and mobile apps are restricted to collection of necessary personal information.
December 04, 2020The acceptance of the commitment of a business operator does not affect the determination of a monopoly act
December 03, 2020Coming into effect in January, China's fundamental law introduces new provisions on personal information protection and strengthens weaker parties in contractual negotiations
December 03, 2020CBIRC eliminates the industry restrictions on insurance institutions' financial equity investment
December 03, 2020Hong Kong-mainland Stock Connect expands to include STAR Market-listed and pre-revenue biotech firms; Trump administration set to impose export control restrictions on 89 Chinese companies deemed to be tied to Chinese military; and zero P2P lenders in China following regulatory crackdown according to CBIRC official
November 30, 2020Foreign financial institutions are allowed to invest in trust companies, an administrative reconsideration may be filed for improper government disclosure of information of citizens or entities and insurance companies bear legal liability for authorized acts of their agents.
November 27, 2020
