Multinational corporations with both a U.S. and China presence may increasingly find themselves caught between two legal systems as both countries implement regulations that seek to achieve diametrically opposite objectives. What are the issues and how should companies prepare and respond?
VIE structure is clarified and recognized in human genetic resources projects. Self-examination of medical device production and permit exemption for sale of medical devices are added to revised regulations.
Stock clearing agency cuts stock settlement fees, extends support to COVID-hit regions; Three Chinese companies plan to sell depository receipts in Zurich; and MEE slams fraudulent carbon emissions data verification practices
SPC issues the unfair competition interpretation addressing illegitimate online activities. Property of securities law offenders may be used for civil compensation first. Minors are protected from cyberbullying