On March 15, 2019, the long-awaited Foreign Investment Law of China (Foreign Investment Law) was passed at the National People’s Congress of China, turning a new chapter of regulatory and legal regime for foreign direct investment in the second largest economy in the world. Our briefing note on the new regime can be found here. … Continue Reading
We have just received a revised draft of China’s Measures on Security Assessment of Cross-border Data Transfer of Personal Information and Important Data (Measures). We have outlined the changes made to the draft Measures first issued on 11 April 2017 for public comment (see our previous briefing and blog post). The revised draft is likely to be the … Continue Reading
China has published a draft Cyber Security Law (Draft Law) for public discussion and feedback until 5 August 2015. This law, if enacted in its current form, will have far-reaching consequences for financial institutions with operations in China. In recent years, China has dedicated efforts to enhance the security and supervision of the Internet and telecommunication networks, in particular, … Continue Reading
