Technology Media and Telecom

• Ministry of Industry and Information Technology, Measures for the Administration of Data Security in the Industry and Information Technology Sector (Trial Implementation) (Draft for Public Comments)

  工业和信息化部工业和信息化领域数据安全管理办法 (试行) (公开征求意见稿)

  Important and core data are required to be stored in mainland China

  February 21, 2022

• Shanghai Municipality, Compliance Guidelines for Enterprise Data

  上海市企业数据合规指引

  Shanghai issues the first data compliance guidelines

  February 21, 2022

• In the News: Interbank Bond Market Reforms; Tightening of Data Governance Rules; Stronger Enforcement against Private Tutoring

  Interbank bond market to see changes in subject bond requirements, documentation, risk management, and collateral; rules governing processors of "important and core data" are tightened; Ministry of Education aims to strengthen enforcement actions against non-compliance private tutoring institutions

  February 15, 2022

  

• People's Bank of China, Ministry of Industry and Information Technology, Cyberspace Administration of China, China Banking and Insurance Regulatory Commission, China Securities Regulatory Commission, State Administration of Foreign Exchange and China National Intellectual Property Administration, Measures for the Administration of the Online Marketing of Financial Products (Draft for Comments)

  人民银行、工业和信息化部、国家互联网信息办公室、中国银行保险监督管理委员会、中国证券监督管理委员会、国家外汇管理局、国家知识产权局金融产品网络营销管理办法 (征求意见稿)

  Financial institutions shall bear management responsibilities when engaging third-party online marketers for their financial products

  February 12, 2022

• China Law & Practice Annual Review 2021

  2021 regulatory trends in China, including antitrust, data privacy, sanctions, healthcare, PE/VC, capital markets, IP, banking & finance, TMT and arbitration.

  February 09, 2022

  

• In the News: China Joins Hague System; M&A Record Year; and Hong Kong Digital Yuan

  China joins the WIPO treaty on protecting industrial designs; Hong Kong, mainland M&A hits record heights in 2021 despite regulatory headwinds; and e-CNY to be piloted in retail shops across Hong Kong

  February 08, 2022

  

• Cybersecurity Review Measures

  网络安全审查办法

  Overseas listings of data processors will be subject to cybersecurity reviews

  January 30, 2022

• In the News: Plans for Regulating Platform Economy; US Bill Seeks to Curb Reliance on Chinese Rare Earth Metals; and Expedited Trademark Application

  Regulation of platform economy to focus on anti-trust, data security, and personal information protection; U.S. might ban import of rare earth metals from China for military use; new process to expedite application of certain trademarks

  January 24, 2022

  

• Cyberspace Administration of China, Provisions for the Administration of Information Services of Mobile Internet Applications (Draft for Comments)

  国家互联网信息办公室移动互联网应用程序信息服务管理规定 (征求意见稿)

  A mobile app distribution platform is required to authenticate the true identity information of app providers

  January 21, 2022

• China's TMT Sector in 2021: A Year of Full Regulatory Strengthening

  Throughout 2021, China's legislative and enforcement authorities accelerated their all-encompassing regulation of the country's TMT sector, from anti-monopoly enforcement against internet platform giants to further crackdowns on cryptocurrencies, as well as tightening controls on the Internet content industry and online games. Casper Sek of Jingtian & Gongcheng discusses these challenges and the broader context of the regulators' continuing positive attitude towards new technology and overarching goal of safeguarding national security.

  January 14, 2022