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The head of Hong Kong's Independent Commission Against Corruption (ICAC) has warned local investors to beware of rampant corruption in some Belt and Road countries. ICAC commissioner Simon Peh Yun...
July 2018
China's Supreme People's Court (SPC) has established two new international commercial courts to handle a broad range of international disputes. The new courts are specifically designed to attract...
July 2018
The Hong Kong stock exchange said on Wednesday it has agreed to work with China’s bourses towards the inclusion of dual-class shares in a cross-border trading link, marking a step towards resolving a...
July 2018
A recent judgment from the Beijing Fourth Intermediate People's Court ("Beijing Court") refused to recognise and enforce a foreign arbitral award issued in Hong Kong on the basis that the award dealt...
July 2018
The Hong Kong Competition Tribunal, which hears all cases regarding violations of Hong Kong’s competition law, recently issued a decision addressing (1) the general contours of discovery in...
July 2018
On 25 May 2018, the General Data Protection Regulation 2016 (GDPR) came into force in the EU. It is drafted as a Regulation and becomes immediately applicable in all EU member states. The GDPR...
July 2018
On 17 April 2018, the National People's Congress (NPC) Standing Committee released its 2018 legislative work plan (全国人大常委会2018年立法工作计划). The plan is divided into sections on different categories of...
June 2018
On 27 April 2018, the China Banking and Insurance Regulatory Commission (CBIRC) issued the Notice on Matters Related to Further Relaxing Market Access for Foreign Banks (关于进一步放宽外资银行市场准入有关事项的通知),...
June 2018
On 28 April 2018, the China Securities Regulatory Commission (CSRC) issued the Measures on the Administration of Foreign-invested Securities Companies (外商投资证券公司管理办法), which replaced the 2012 Rules on...
June 2018
In Hong Kong, if a policyholder is dissatisfied with any aspect of the conduct of an insurer, agent or broker, there are various channels for making a complaint. For instance, if a policyholder's...
April 2018
INCREASING POLITICAL SENSITIVITY The Chinese government has become increasingly sensitive to use of flags and emblems, particularly with regards to use which touches upon matters of politics...
April 2018
On March 1, 2018, the Administrative Measures for Outbound Investments by Enterprises (‘Circular 11’) issued by the National Development and Reform Commission (the ‘NDRC’) went into effect. In...
April 2018
Companies doing business with China have greater incentive than ever before to strengthen their compliance programs, as the country has now created a new supra-agency, the National Supervision...
April 2018
  The Companies (Amendment) Ordinance 2018 (‘the Companies Amendment Ordinance’) To combat money laundering and terrorist financing, the Financial Action Task Force (‘FATF’) requires...
April 2018
The EU General Data Protection Regulation (‘GDPR’) is fast approaching. After a two-year implementation phase, the new Regulation will be coming into force on 25 May 2018. It is Europe’s biggest...
April 2018
In the Hong Kong construction industry, it is common for main contractors to include a provision in subcontracts which provides that payment to the main contractor is dependent on the main contractor...
April 2018
Both the Anti-Money Laundering and Counter-Terrorist Financing (Financial Institutions) (Amendment) Ordinance 2018 and the Companies (Amendment) Ordinance 2018 were passed by the Legislative Council...
April 2018
On 13 February 2018, the China Banking Regulatory Commission (‘CBRC’) issued a revised version of the Measures on Implementing the Administrative Licensing Matters of Foreign-invested Banks...
April 2018
On 18 January 2018,the Ministry of Commerce (‘MOFCOM’) and six other administrative agencies jointly issued the Interim Measures for the Reporting of Outbound Investments Subject to Approval or...
April 2018
On 5 January 2018, the National Development and Reform Commission (‘NDRC’) circulated for public comment the draft Smart Car Innovation and Development Strategy (智能汽车创新发展战略). A smart car...
April 2018