In the light of important new guidelines to be followed when filing the standard overseas personal information transfer contract, Casper Sek of Jingtian & Gongcheng analyses the key learning points and looks at how companies may apply this in practice
Shake Shack and Starbucks were summoned by Shanghai for excessive data collection; Hong Kong rules that trustees of keepwell trusts can gain monetary compensation for contractual breaches; and European Union firms blame regulatory hurdles and limited market access for record low investment into China.
SAMR sets forth particulars of special attention in concentrations of business operators, as well as explaining standard terms of consumer contracts. CSRC enhances the reform of the bond registration system
The Hong Kong/mainland China interim measures arrangement has been in force for over three years, and parties are beginning to realize its significance. Jue Li and Joel Evans of DaHui Lawyers examine the practical procedural requirements of the arrangement and its context within the PRC legal mechanism
The U.S. government is debating whether to renew the U.S.-China Science and Technology Agreement; AstraZeneca plans to break up its business in China and list it separately in Hong Kong; the Italian government applies Golden Power regulations to limit the influence of China's Sinochem on tyremaker Pirelli
CSRC issues draft rules in a bid to regulate fund investment advisors. Data shall not be collected other than when facial recognition is active. Shanghai requires the establishment of a chief data officer system.
