The 15th annual China Law & Practice Awards, held on Feb. 24, 2022 at the Ritz-Carlton Beijing, celebrated the most exciting and successful achievements of the year.
European Union takes China to World Trade Organization over patent anti-suit injunctions; China sanctions U.S. defense giants under anti-foreign sanctions law; and ride-hailing operators on notice to increase compliance
CSRC issues new rules on qualifications of senior securities executives. Domestic and foreign Stock Connect is expanded to include bourses in Shenzhen, Switzerland and Germany. Pre-set applications on mobile devices should allow uninstallation.
Interbank bond market to see changes in subject bond requirements, documentation, risk management, and collateral; rules governing processors of "important and core data" are tightened; Ministry of Education aims to strengthen enforcement actions against non-compliance private tutoring institutions
Important and core data are required to be stored in mainland China. Shanghai issues the first data compliance guidelines. Favorable tax policy is offered to REITS.