SEC to require Chinese issuers clarify VIE structures and whether listing has government backing; SPC issues judicial interpretation with restrictions on commercial applications of facial recognition technology; and MOFCOM unveils separate negative list for cross-border trade in services in Hainan
China Law News
- August 02, 2021
China bans listing of tutorial institutions. Beijing Municipality promotes the establishment of private equity secondary market funds. SPC issues an interpretation protecting personal facial information.
July 30, 2021State Council unveils strict rules barring for-profit tutoring companies; MIIT launches six-month campaign targeting internet industry bad practices; and UBS launches family trust services for wealthy clients
July 26, 2021An early resolution mechanism is in place for pharmaceutical patent disputes. Artificial intelligence medical software products are defined. Rules for registration of patent pledges are revised.
July 23, 2021China's much-anticipated national carbon trading market sees carbon price rise on first day of trading; MIIT, CAC forbid sharing of cybersecurity vulnerabilities information with overseas entities; and Biden administration adds dozens more Chinese companies to export control blacklist
July 19, 2021Overseas listings of data processors will be subject to cybersecurity reviews. Network product providers are required to promptly report security vulnerabilities. Electronic employment contracts are signed via special formation platform.
July 16, 2021CAC releases updated draft cybersecurity review measures to cover overseas listings; HKEX to launch T+2 settlement platform in Q4 2022 at the earliest; and Guangdong outlines data sharing plans for GBA
July 13, 2021Marketing authorization applicants may request punitive damages in IP disputes. Propagation materials are crucial to IP infringement cases on new plant varieties. Requirements are imposed on cash wealth management products
July 09, 2021First high-profile cybersecurity reviews indicate that overseas-listed Chinese tech firms are prime targets for new cybersecurity regime
July 08, 2021Cybersecurity review office investigates U.S.-listed Chinese tech giant Didi and others; CSRC updates disclosure rules for listed companies, strengthens ESG provisions; and Shenzhen legislature completes second reading of country's first intelligent vehicle rules
July 05, 2021






