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
Companies that collect a large amount of personal information are required to conduct a compliance audit of its protection of personal information annually. Facial recognition may not be carried out if other non-biometric identification technology solutions are available.
A new set of Measures have been published by the People's Bank of China. In this article, Zhou Yang of Jingtian & Gongcheng examines the provisions and reveal how they will impact and assist data handlers in the financial sector