Technology Media and Telecom

OFAC prohibits U.S. investments in AI company SenseTime, Hong Kong listing postponed; CBIRC to remove foreign ownership cap for insurance asset management firms; MIIT orders removal of 106 apps over data violations

China publishes its GDPR law

The U.S. adds 12 Chinese entities to its export blacklist; Rules regulating listed companies to be consolidated; Didi ordered by regulators to delist from NYSE

Data processors may not take biometric features as the sole method of authenticating individuals' identities

Compliance advice that recognizes business necessities is crucial for effective in-house work

Hong Kong finalizes secondary listing reforms to attract more Greater China Issuers; SAMR fines tech giants for failing to declare transactions; and German insurer Allianz approved to take full control of life insurance business

Apps are required to inform users of third party use of their personal information

Different types of internet platforms bear different responsibilities

Guidelines are issued to classify internet platform operators