CAC revises app information services rules enhancing user identity verification. CSRC tightens rules on business transactions of group finance companies. Insurance institutions are also required to strengthen their identification and management of affiliated parties.
Timothy C. Bickham, Stephen Yang, Meihui (May) Xiao and Nikki C. Vlahos of Steptoe & Johnson LLP explore the significance and impact of China's recent accession to the Hague Agreement. Although there is some work to be done, this is likely to be a game-changer in the field of design rights protection
EU Commission releases guidance on updated standard clauses for GDPR-regulated parties; Xiaohongshu invests in US-based Web3 startup; Regulations on price labelling and price gouging
Certification institutions may be engaged for data security certification. Shanghai encourages pre-reorganization to avoid bankruptcies. Business operators should clearly mark prices and the pricing units/methods.
The Beijing Intellectual Property Court recently issued the first-ever decision in a dispute between a brand-name and a generic drug company under China's newly-created patent linkage regime. Fang Qi and Danlei Wu of Fangda Partners examine the decision and its implications
Banks and insurance companies to boost green finance development; PRC courts to develop standard uses of blockchain technology by 2025; strengthened internal management requirements ensures probity of intermediaries
