Legislation

Company Law draft enhances shareholders’ responsibilities for capital contribution.

MOF clarifies accounting treatment for enterprise data resources

US Congress passes Act to protect American intellectual property; China plans measures to boost foreign investment centrally and locally; and deals in the life sciences sector are subject to strong CFIUS scrutiny.

Core elements of regulatory rating of foreign bank branches place more emphasis on compliance

Deep synthesis involving editing of biometric information of individuals requires their separate consent

CSRC expands the scope of securities law practice of law firms

Article 9 on tech import and export record filing is removed

Parties may institute a civil case against monopolistic acts outside of mainland China.

Anti-unfair competition law draft prohibits improper use of others’ commercial data

CSRC specifies the types of public funds that a private pension may invest in.