Guidelines are given for informing individuals of automated decision processing of their personal information. Website platforms are responsible for dealing with online enterprise-related infringement information. Banking and financial institutions should report the outcome of their assessment of the prevention and control of criminal case risks annually.
China meets executives of international firms in order to reassure them over data security regulations; CSRC seeks regulatory opinion for the frist time for overseas listing; and Chinese automobile parts included in U.S. import detention over Xinjiang concerns
New draft measures on personal information protection compliance audits have been released for public comment. Jianwei (Jerry) Fang and Chuchen (Julie) Hou of Zhong Lun Law Firm analyze the legislative basis and specific requirements of the new draft, and provide some practical recommendations for PI processors who are planning for an upcoming compliance audit.
Biden's new Executive Order simplifies the proposed "Reverse CFIUS" review process of outbound investment into China; Small hedge funds in China are threatened with a minimum asset requirement; and Shanghai Stock Exchange further scrutinizes medical companies as an anti-corruption campaign intensifies.
Processing of sensitive personal information may require written consent of the individual. Mobile smart terminals, applications and application distribution platforms shall provide information and services suitable for minors. Lenient treatment of environmental contamination may be allowed.
Companies that collect a large amount of personal information are required to conduct a compliance audit of its protection of personal information annually
Casper Sek of Jingtian & Gongcheng examines a new set of measures promulgated by China's cyberspace regulator which seeks to keep pace with, and control in line with government ideologies, the rapid rise in generative AI technologies
Processors of personal data face a new annual audit; Dentons leaves China - another case of data decoupling; China and Saudi Arabia in talks about ETF cross-listing
