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...

On December 30, 2022, the Department of Trade and Commercial Services of the Ministry of Commerce issued the   Circular Concerning Public Comments Sought on the Revised Catalogue of Technologies Prohibited or Restricted from Export by China...

“Exporting business operators (‘EBOs’) are expected to establish in advance an internal control program (‘ICP’) for export control compliance purposes which paves the way for obtaining a general license or license exemptions. The Minis...

China has newly incentivized foreign investment in manufacturing and certain services. The incentives are offered for new, qualifying foreign-invested projects from January 1, 2023. We would be pleased to help you to invest in China.   Back...