Legal

• Ministry of Justice and People’s Bank of China, Measures for the Administration of Anti-Money Laundering Work in the Law Profession

  司法部中国人民银行律师行业反洗钱工作管理办法

  Law firms are required to establish a client due diligence system for anti-money laundering / CLP Reference: 1440/25.08.01 ; Issued: 2025-08-01 ; Effective: 2025-08-01

  September 29, 2025

• Compliance Guidelines for the Implementation of Non-Compete Restrictions for Enterprises

  企业实施竞业限制合规指引

  New rules set forth economic compensation for complying with non-compete restrictions / CLP Reference: 2400/25.09.04 ; Issued: 2025-09-04 ; Effective: 2025-09-04

  September 29, 2025

• The First Metaverse Trademark Infringement Court Decision in China

  Fang Qi and Ran Duan of Fangda Partners analyze a recent Chinese court decision which, for the first time, recognized that the use of trademarks in a virtual context may infringe rights in the real world

  September 29, 2025

  

• In the News: New Typical Cases on AI Content; China Global Standard-Setting; and Chinese Stock Market Rises

  Eight landmark AI judgments set precedents on AI-related infringement. | China attempts to displace the U.S. and Germany in determining industry standards. | Increased foreign interest in Chinese stocks adds US$3 trillion to market.

  September 25, 2025

  

• Legislation Roundup: Cross-border investment and financing, IP appraisal and Accounting money-laundering

  Registration of the basic particulars of the upfront expenses in domestic direct investments is abolished. IP transfer and appraisal might involve national security compliance. Accounting firms could be required to take enhanced client due diligence measures.

  September 23, 2025

• Shanghai Municipality, Implementing Measures for the Pilot Project for the Engagement of Foreign Lawyers as Foreign Legal Advisors by Shanghai Law Firms

  上海市关于上海律师事务所聘请外籍律师担任外国法律顾问试点工作的实施办法

  Shanghai specifies rules on hiring foreign lawyers in Shanghai domestic law firms / CLP Reference: 1420/25.08.27 ; Issued: 2025-08-27 ; Effective: 2025-09-30

  September 22, 2025

• PRC Arbitration Law (as Amended in 2025)

  中华人民共和国仲裁法 (2025年修订)

  Revised Arbitration Law provides for pre-arbitration preservation / CLP Reference: 1450/25.09.12 ; Issued: 2025-09-12 ; Effective: 2026-03-01

  September 22, 2025

• China's Legal and Judicial Approach to Digital Assets: A Focus on Virtual Currency

  Meihua Liang and Yuting Chen of Commerce & Finance Law Offices present an analysis of China's distinct regulatory model governing digital assets, and its legal implications for market participants

  September 22, 2025

  

• In the News: US Biotech Restrictions Against China; China Regulates Non-Compete Clauses; and Hong Kong Stablecoins

  U.S. pharma raises alarm over Trump’s proposed measures against Chinese drugs; China clarifies the type of employees to be bound by non-compete clauses; and Some stablecoin issuers complain that Hong Kong’s regime is too stringent.

  September 18, 2025

  

• Legislation Roundup: Non-compete clauses, Revised Arbitration Law and Foreign lawyers

  New rules set forth economic compensation for complying wih non-compete restrictions. Revised Arbitration Law provides for pre-arbitration preservation. Shanghai specifies rules on hiring foregin lawyers in Shanghai domestic law firms.

  September 15, 2025