EU targets modern slavery; Chinese companies raise more funds from SIX than NYSE; and Beijing seeks to retain foreign trade and investment
September 20, 2022
China Law News
CAC proposes to revise the Cybersecurity Law to impose fines for cybersecurity violations according to size of business. Shenzhen issues rules for carbon trading and rules for the first register of personal bankruptcy administrators in the country.
September 19, 2022In the News: U.S. Semiconductor Export Ban; Securities Fraud Typical Cases; and ByteDance E-Commerce
The U.S. is expected to formalize a ban on semiconductor export to China; Greater use of concealment techniques in securities fraud cases; ByteDance
September 13, 2022Only marketing authorization holders or qualified pharmaceutical dealers may sell pharmaceuticals online. CAC sets forth cybersecurity administrative law enforcement procedures. Banks are encouraged to take railroad transport documents as documents acceptable for settlement and financing.
September 09, 2022CAC publishes guidelines for data export security assessment; Tencent Huanhe stops selling NFTs due to regulatory challenges; Proposal to enhance protection of wildlife under review
September 07, 2022CAC issues guidelines on the procedures for security assessment of overseas data transfers. After-sales and operational services of intelligent connected vehicles may require approval for transfer of data to foreign parties. Public security authorities need an evidence collection notice when seeking electronic data from a network service provider.
September 05, 2022PCAOB and Beijing reach audit agreement to prevent mass delisting; U.S.-China merger abandoned following U.S. antitrust investigation; new compliance rules for wealth management companies
August 29, 2022Ministry of Transport outlines criteria for recognizing critical information infrastructure of the transport sector. A wealth management company is required to continuously track the changes in the risk monitoring indicators of each wealth management product. Shenzhen specifies wage payment deadlines of employers.
August 26, 2022In the News: Loan Rates Cut; Lingang Development Plans; and Benchmarks for Administrative Discretion
Loan prime rates slightly lowered; 3-year development blueprint for the Lingang Free Trade Zone unveiled; New rules on exercise of administrative discretion
August 24, 2022Shanghai issues rules to clarify appraisal of SOE-invested PE fund units. Shanghai Stock Exchange sets forth more disclosure requirements on low-income housing REITs. Insurance companies are allowed to issue open-ended capital bonds.
August 19, 2022
