Crypto-fundraising criminally outlawed; Delisting process to be streamlined and modernized; Controversial anti-spying initiative comes to an end
Pre-set applications on mobile devices should allow uninstallation.
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
Important and core data are required to be stored in mainland China
Shanghai issues the first data compliance guidelines
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
Financial institutions shall bear management responsibilities when engaging third-party online marketers for their financial products
2021 regulatory trends in China, including antitrust, data privacy, sanctions, healthcare, PE/VC, capital markets, IP, banking & finance, TMT and arbitration.
China joins the WIPO treaty on protecting industrial designs; Hong Kong, mainland M&A hits record heights in 2021 despite regulatory headwinds; and e-CNY to be piloted in retail shops across Hong Kong
Overseas listings of data processors will be subject to cybersecurity reviews
