Chinese tech entrepreneurs are considering moving out of China in order to overcome U.S. tech restrictions; Hong Kong publishes guidelines for virtual asset operators and the licensing process; and China's proposal to impose restrictions on private securities funds causes controversy.
CAC sets forth guidelines for filing of standard contracts of overseas data transfers. Guidelines are proposed detailing when notification and consent is required from individuals when processing personal data. CNIPA defines irregular patent application acts.
A number of important changes will be brought about by newly amended regulations on commercial cryptography. Casper Sek of Jingtian & Gongcheng takes a closer look
British firms in China are concerned about the way China introduces new regulations and the vagueness of its laws; the European Union introduces additional product safety-related requirements for businesses selling products online to domestic consumers; Hong Kong seeks to allow offerors and their concert parties to vote in a shareholders' meeting regarding a firm's privatization.
For some patent holders, the new system will present multiple benefits. But others are likely to be leery of the power that the Unified Patent Court wields to nullify patents across multiple jurisdictions.
AMAC sets out offering and existence thresholds for private equity funds. The objective of clinical research on somatic cells is not registration of a pharmaceutical. Beijing Municipality issues certificates for data rights.