Goldman Sachs receives initial approval for majority-controlled wealth management JV with ICBC; CBIRC finalizes wealth management product sales rules with new six month transition period; and government push for more financing options for agricultural firms

Patent and IC layout design cases may involve technical investigators

Wealth management companies are expanded to include foreign-controlled joint wealth management companies. Second draft of Data Security Law broadens its scope of application. Patent and IC layout design cases may involve technical investigators.

Liquidity management is the core requirement for issuance of short-term commercial paper by securities companies

Beijing Municipality lowers its PE fund raising size

Mini vandePol, Gerald Lam and Andrea Kan of Baker McKenzie and Vivian Wu of FenXun Partners set out the framework of the various U.S. and PRC sanction regimes, and discuss best practices for financial institutions to consider and implement

MEE issues carbon trading rules ahead of national market launch; PBOC expands ban on financial institutions providing crypto-related services; and CAC identifies 105 mobile applications for personal information collection violations

Three sets of legislation on registration, trading and settlement are released establishing China's carbon trading regime. Regulations are revised emphasizing the public welfare attribute of private education.

Second law draft of personal information adds articles on personal image capture and contract rescission