Legal

SEC to require Chinese issuers clarify VIE structures and whether listing has government backing; SPC issues judicial interpretation with restrictions on commercial applications of facial recognition technology; and MOFCOM unveils separate negative list for cross-border trade in services in Hainan

We now announce shortlists for the 15th annual China Law & Practice Awards.

China bans listing of tutorial institutions. Beijing Municipality promotes the establishment of private equity secondary market funds. SPC issues an interpretation protecting personal facial information.

The expansion of competing U.S.-China sanctions requirements are forcing multinationals to rethink their traditional global compliance strategies

Personal health information is required to be stored in China

Electronic employment contracts are signed via special formation platforms

State Council unveils strict rules barring for-profit tutoring companies; MIIT launches six-month campaign targeting internet industry bad practices; and UBS launches family trust services for wealthy clients

An early resolution mechanism is in place for pharmaceutical patent disputes. Artificial intelligence medical software products are defined. Rules for registration of patent pledges are revised.

Network product providers are required to promptly report security vulnerabilities