OFAC prohibits U.S. investments in AI company SenseTime, Hong Kong listing postponed; CBIRC to remove foreign ownership cap for insurance asset management firms; MIIT orders removal of 106 apps over data violations
CBIRC allows involvement of insurance capital in securities lending. SAMR sets forth criteria for calculating illegal income. Disability compensation equality for urban and rural residents.
Luka Groselj of Schellenberg Wittmer and Runyang Liu of Zhong Lun Law Firm compare the legal principles and exceptions to the extension of arbitration agreements to non-signatories under Chinese and Swiss legal frameworks including succession, transfer, performance, guarantee, and subrogation and when the non-signatory may be bound by arbitration agreements
Public outrage at Canada Goose's discriminatory return policy; SEC rules implement submission and disclosure requirements for U.S.-listed foreign companies; e-cigarettes to be regulated as a tobacco product
Shanghai protects the personality and property rights of natural persons in their personal information. Insurance group companies are allowed to invest in non-insurance subsidiaries. Guangdong issues rules on qualified domestic limited partnerships.