CBIRC allows multinationals to set up their own group finance companies and enriches the life insurance disclosure requirements of insurance companies. CNIPA enhances IP protection of exhibitions.
Nate Bush and Della Ding of DLA Piper and Ray Xu of Shanghai Kaiman Law Firm review new regulations prohibiting monopoly agreements, abuse of intellectual property rights and as actions that eliminate or restrict competition, as well as discussing the potential penalties for violations.
The U.S. adds Alibaba to delisting list, citing audit non-compliance; Integration of Shenzhen and Swiss bourses; Six ESG-linked indices launched in Shenzhen
SAMR heightens safety requirements for gadgets. Shanghai revises rules allowing for public interest litigation for consumer rights. Beijing sets out safety restrictions on entertainment venues.
Jianwei (Jerry) Fang and Runyang Liu of Zhong Lun Law Firm discuss the newly released rules for the transfer of data overseas and the compliance requirements provided by the Cyberspace Administration of China.
A U.S. prosecutor has raised concerns over China's data retention policy. Another foreign brand, Manolo Blahnik, wins its case in a two-decade-long trademark fight. The CAC imposes a fine of more than RMB 8 billion on Didi for serious violations of national and data security.
