Legislation roundup: Private equity FIEs and online news services
November 09, 2017 | BY
Katherine Jo &Shenzhen has permitted JVs and WFOEs for QFLP management firms and the CAC has required internet news providers to conduct security assessments for new technology
PE/VC
Shenzhen City, Measures on Pilot Foreign-invested Equity Investment Enterprises
A foreign-invested equity investment management enterprise may be promoted and established either in a wholly foreign-owned form or Sino-foreign equity joint venture form.
Qualified domestic private equity and venture capital fund management companies are permitted to promote and establish foreign-invested equity investment enterprises or manage the same upon entrustment.
Further reading
Cybersecurity
Cyberspace Administration of China, Provisions for Administration of the Security Assessment of New Technologies and New Applications for Internet News Information Services
If an internet news information service provider applies a new technology, revises or adds an application function that has news and public opinion attributes or social mobilization capabilities, or there is a material change in a new technology or new application function, it is required to conduct a self assessment of the security thereof.
Further reading
PE/VC
Shenzhen City, Measures on Pilot Foreign-invested Equity Investment Enterprises
A foreign-invested equity investment management enterprise may be promoted and established either in a wholly foreign-owned form or Sino-foreign equity joint venture form.
Qualified domestic private equity and venture capital fund management companies are permitted to promote and establish foreign-invested equity investment enterprises or manage the same upon entrustment.
Further reading
Cybersecurity
Cyberspace Administration of China, Provisions for Administration of the Security Assessment of New Technologies and New Applications for Internet News Information Services
If an internet news information service provider applies a new technology, revises or adds an application function that has news and public opinion attributes or social mobilization capabilities, or there is a material change in a new technology or new application function, it is required to conduct a self assessment of the security thereof.
Further reading
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