Cybersecurity

State 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

Network product providers are required to promptly report security vulnerabilities

Listings of data processors outside China may be subject to cybersecurity reviews

China'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

Data that have a bearing on national security are subject to more stringent administration

PRC companies wanting to list outside China face extended cybersecurity reviews and potentially burdensome documentation submission requirements

CAC 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

Cybersecurity is strengthened for intelligent connected vehicles

First high-profile cybersecurity reviews indicate that overseas-listed Chinese tech firms are prime targets for new cybersecurity regime