On 24 March 2023, China Securities Regulatory Commission (CSRC) released the draft amended Regulatory Measures for Futures Companies (Amended Regulatory Measures) for consultation, aiming to, amongst others, expand the scope of business activities that future companies are allowed to conduct directly.Read More
The China Securities Regulatory Commission (CSRC) released a series of rules on reform of the regulatory regime for initial public offering (IPO) on Chinese stock exchanges (Reform). The Reform essentially expands the registration-based IPO regime (Registration Regime) to the main boards at the Shanghai Stock Exchange and the Shenzhen Stock Exchange.Read More
China has promulgated a series of laws and regulations governing data protection, in particular data export in past years.
The People’s Republic of China (PRC) law currently provides three routes for data export, i.e., (1) Cybersecurity Administration of China (CAC) assessment, (2) certification (by professional institutions), and (3) standard contractual clauses (SCC). Depending on the nature and volume of data to be exported and the identity of the exporter, the exporter must pick at least one route in order to export data.Read More