U.S. gains full access to audits of Chinese companies; Fidelity targets China's mutual fund industry following the opening up of China's private pension industry; and China connects with Germany for overseas listings.
December 23, 2022
Legal
Industrial data processors are required to file its catalogues of key data and core data with the industry regulator. MOF clarifies accounting treatment for enterprise data resources. Deep synthesis involving editing of biometric information of individuals requires their separate consent.
December 21, 2022Parties may institute a civil case against monopolistic acts outside of mainland China.
December 21, 2022Anti-unfair competition law draft prohibits improper use of others' commercial data
December 21, 2022Jianwei Jerry Fang, Runyang Liu and Dianmeng Zhu of Zhong Lun Law Firm discuss the year's major legislative and judicial developments in civil and commercial dispute resolution in China.
December 21, 2022FDI screening has gone from "a niche area for defense industry deals where it might be relevant" to "a part of every deal structure, timetable, and assessment of regulatory risks," a competition partner in Brussels said.
December 16, 2022CSRC expands the scope of securities law practice of law firms. The proceeds derived by a foreign institution from an offering of bonds in China may be remitted abroad. Certification institutions may be engaged for certifying personal information protection.
December 12, 2022CSRC specifies the types of public funds that a private pension may invest in.
December 12, 2022CBIRC sets forth criteria for engaging in private pensions.
December 12, 2022Guanglei Zhang and Jinhui Zhang of Jingtian & Gongcheng examine the first decision of a Chinese court in which a secret pre-IPO agreement containing a valuation adjustment mechanism based on stock market price was declared invalid.
December 12, 2022
