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1 month ago | 
lexology.com | Edwarde Webre |Jackie YC Chen
The Cyberspace Administration of China (“CAC”) recently issued the Administrative Measures on Personal Information Protection Compliance Audits (“Measures”), which provide detailed requirements for enterprises conducting personal information protection compliance audits (“Compliance Audits”) under the Personal Information Protection Law of China (“PIPL”).
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1 month ago | 
deacons.com | Edwarde Webre |Jackie YC Chen |Janny Ho
View PDFAuthored by: Edwarde Webre and Jackie ChenThe Cyberspace Administration of China (“CAC”) recently issued the Administrative Measures on Personal Information Protection Compliance Audits (“Measures”), which provide detailed requirements for enterprises conducting personal information protection compliance audits (“Compliance Audits”) under the Personal Information Protection Law of China (“PIPL”).
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Jun 6, 2024 | 
deacons.com | Edwarde Webre |Jenny Jin |Gwendolyn Tsui
View PDFAuthored by: Edwarde Webre and Jenny JinOn 29 April 2024, the People’s Bank of China (“PBOC”) and the PRC State Administration for Market Regulation (“SAMR”) jointly issued the Measures on the Management of Beneficial Owner’s Information (the “Measures”), which for the first time expressly requires all companies and other entities in China to file information on their beneficial owners (the “Filing”), unless an exemption is provided.
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Jun 6, 2024 | 
lexology.com | Edwarde Webre |Jenny Jin
On 29 April 2024, the People’s Bank of China (“PBOC”) and the PRC State Administration for Market Regulation (“SAMR”) jointly issued the Measures on the Management of Beneficial Owner’s Information (the “Measures”), which for the first time expressly requires all companies and other entities in China to file information on their beneficial owners (the “Filing”), unless an exemption is provided.
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Apr 10, 2024 | 
lexology.com | Edwarde Webre |Minning Wei
The Cyberspace Administration of China (“CAC“) promulgated the Provisions on Promoting and Regulating Cross-border Data Flows (“Provisions“) on 22 March 2024. The CAC officials have also answered questions from journalists regarding the Provisions. The Provisions refine the conditions and operation of cross-border data flows under the existing legal framework and provide enterprises clear guidance for data export. The Provisions have 14 articles, which became effective on the date of promulgation.
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Apr 9, 2024 | 
deacons.com | Edwarde Webre |Minning Wei |Janny Ho
View PDFAuthored by: Edwarde Webre and Minning WeiThe Cyberspace Administration of China (“CAC“) promulgated the Provisions on Promoting and Regulating Cross-border Data Flows (“Provisions“) on 22 March 2024. The CAC officials have also answered questions from journalists regarding the Provisions. The Provisions refine the conditions and operation of cross-border data flows under the existing legal framework and provide enterprises clear guidance for data export.
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Apr 9, 2024 | 
lexology.com | Edwarde Webre
国家互联网信息办公室（“国家网信办”）于2024年3月22日正式公布了《促进和规范数据跨境流动规定》（“《规定》”）。国家网信办有关负责人就《规定》相关问题回答了记者提问。《规定》对现行法律法规下数据跨境流动的条件及操作进行了细化，为企业数据出境提供了较为清晰的指引。《规定》一共十四条，自公布之日起生效，主要内容如下：I. 数据可以直接出境的情形数据出境有下列情形之一的，免予申报数据出境安全评估、订立个人信息出境标准合同、通过个人信息保护认证，数据处理者（无论是关键信息基础设施运营者与否，有明确规定的除外）可直接出境相关数据：1. 国际贸易、跨境运输、学术合作、跨国生产制造和市场营销等活动中收集和产生的数据向境外提供，不包含个人信息或者重要数据的。2. 数据处理者在境外收集和产生的个人信息传输至境内处理后向境外提供，处理过程中没有引入境内个人信息或者重要数据的。3.
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Jan 10, 2024 | 
lexology.com | Edwarde Webre |Joyce Mu
In a major legal development that will impact investors across China, the amendment of the PRC Company Law has been finalized. The amendment to the PRC Company Law was adopted on 20 December 2023 and will take effect as of 1 July 2024 (the “New Company Law”). In this article, we summarize, some of the key changes related to the corporate governance, registered capital and equity transfer. Investors should be familiar with these changes.
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Jan 4, 2024 | 
lexology.com | Edwarde Webre |Hayley Li
On December 8, 2023, the Cyberspace Administration of China (CAC) issued for public comment the Administrative Measures for Cybersecurity Incident Reporting (Comment Draft) (Measures). The Measures include two appendices. Appendix 1 is a Guide to the Classification of Cybersecurity Incidents (Guide); and Appendix 2 is a Cybersecurity Incident Information Reporting Form (Form). The period for commenting on the Measures will end on January 7, 2024. 1.
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Oct 6, 2023 | 
lexology.com | Edwarde Webre |Minning Wei
On 28 September 2023, the Cyberspace Administration of China (“CAC”) released for public comment Provisions on Regulating and Facilitating Cross border Flow of Data (Draft for Public Consultation) (the “Provisions”). Although the Provisions contain only eleven articles, they would if adopted significantly relax the regulation and restriction of cross-border data transfers.
