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
Legal
- August 02, 2021
We now announce shortlists for the 15th annual China Law & Practice Awards.
July 30, 2021China 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, 2021The expansion of competing U.S.-China sanctions requirements are forcing multinationals to rethink their traditional global compliance strategies
July 30, 2021Personal health information is required to be stored in China
July 30, 2021Electronic employment contracts are signed via special formation platforms
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, 2021Network product providers are required to promptly report security vulnerabilities
July 23, 2021Listings of data processors outside China may be subject to cybersecurity reviews
July 23, 2021




