On March 22, 2024, the Cyberspace Administration of China (“CAC”) officially issued the Provisions on Promoting and Regulating Cross-border Data Flows (“New Provisions”), allowing free trade zones (“FTZs”) to independently establish n...

I. Foreign Capital   For a foreign-invested enterprise (“FIE”), under PRC law it is required to register with the company registry (being the local branches of the State Administration for Market Regulation, “SAMR”) an amount of the reg...

1. MEE seeks submission of GHG Voluntary Emission Reduction Methodologies   The Ministry of Ecology and Environment (“MEE”) released the   Notice on Public Solicitation of Suggestions for Methodologies of Greenhouse Gas Voluntary Emission...

Introduction    On 24 February 2023, the Cyberspace Administration of China (the “CAC”) officially issued the Measures for the Standard Contract for Cross-Border Transfer of Personal Information (《个人信息出境标准合同办法》) (the “Stand...

On 10 February 2023, Wolfsberg Group issued a new version of CBDDQ and offered an updated benchmark for financial crime compliance controls (FCC) among the top-tier financial firms. The new sections and questions, even though not necessaril...

On December 30, 2022, the Standing Committee of China’s National People’s Congress issued the draft   Foreign Relations Law of the People’s Republic of China   (“Draft”). The Draft, encompassing rules on multiple aspects of foreign aff...