China Law News

• Legislation roundup: Concentration filings, IP monopoly and online medical services

  SAMR proposes to raise the thresholds for concentration filings and defines the relevant product market for antitrust involving IP. The use of artificial intelligence to generate prescriptions is strictly prohibited.

  July 15, 2022

• In the News: Alibaba and Tencent Fined; Data Export Security Assessment; and Support for Manufacturers

  SAMR issues 28 administrative penalties for failing to disclose M&A deals; CAC clarifies details about data export security assessment; banks and insurance companies to support advanced manufacturing

  July 12, 2022

  

• Legislation roundup: Data transfer assessment, monopoly agreements and abuse of dominant market position

  CAC defines overseas transfer of data. SAMR specifies exceptions of monopoly agreements and prohibits platform operators from abusing their dominant market positions.

  July 08, 2022

• In the News: Swap Connect; CNKI Cybersecurity Review; and Private Pension Funds

  Hong Kong-Mainland integration of interbank market for rate swaps; National security probe into prominent academic database; Draft rules on management of private pension funds

  July 06, 2022

  

• Legislation roundup: Standard contracts for PI transfers, revised Anti-Monopoly Law and review of concentrations

  CAC specifies the criteria for transferring personal information out of mainland China with standard contracts. Revised Anti-monopoly Law includes provisions on hub and spoke conspiracies. Concentrations that have effects of restricting competition are also subject to review even if they have not reached the filing threshold.

  July 04, 2022

• In the News: Revised Anti-Monopoly Law; BIS RMB Liquidity Pool; and Enhanced Online Content Review

  Major overhaul of Anti-Monopoly Law; PBOC joins five central banks in BIS-led regional liquidity pool; Lawmakers expand scope of online content review

  June 28, 2022

  

• Legislation roundup: Online comment postings, private fund managers and China bond market

  China requires real-name registration for online comment postings. AMAC imposes more requirements on record filings of private fund managers. Foreign institutional investors may engage in trading in open-ended bond index securities investment funds.

  June 24, 2022

• In the News: Carbon Reduction; Anti-Familial Corruption; and New Format RMB Settlement

  Comprehensive plans outline implementation of carbon reduction policies; Greater oversight over government officials' families; PBOC to support new format RMB settlement

  June 22, 2022

  

• Legislation roundup: App information services, enterprise group finance companies and insurance affiliates

  CAC revises app information services rules enhancing user identity verification. CSRC tightens rules on business transactions of group finance companies. Insurance institutions are also required to strengthen their identification and management of affiliated parties.

  June 17, 2022

• In the News: Guidance on Standard GDPR Clauses; Xiaohongshu's Web3 Adventures; and Pricing Regulations

  EU Commission releases guidance on updated standard clauses for GDPR-regulated parties; Xiaohongshu invests in US-based Web3 startup; Regulations on price labelling and price gouging

  June 14, 2022