This article provides a general overview of certain Chinese legal considerations for licensing and collaboration deals in the life sciences industry. In particular, this article focuses on two types of transactions...more
One of the key challenges for creditors in taking control of a mainland Chinese company in an enforcement type situation is how to remove the “legal representative”. New legislation coming into force on 1 July 2024 should...more
The past twelve months have been a time of continuing significant developments in courtled corporate rescues in Hong Kong, all within the flexible confines of the common law and in the continued absence of a statutory...more
In recent years, there has been an uptick in interest in the Chinese market from licensors based predominantly in the U.S., Canada, Europe, and South Korea. Factors encouraging the in-licensing of products to China include...more
2022 has been a year which has seen significant developments in court-led corporate rescue and insolvency law reform in Hong Kong. In light of the lingering COVID19 pandemic, it was all the more important that the Hong Kong...more
As part of a new Asia-Pacific (APAC) Life Sciences and Health Care webinar program designed both for companies with commercial interests in APAC and for companies based in the region, Hogan Lovells is hosting a special...more
On 12 January 2021, the China Banking and Insurance Regulatory Commission (CBIRC) issued the Regulating the Informatization Work of Insurance Intermediaries Measures (Insurance Intermediaries Measures), which took effect on 1...more
11/12/2021
/ Capital Markets ,
China ,
Consumer Insurance Products ,
Foreign Exchanges ,
Foreign Investment ,
Hong Kong ,
Indonesia ,
Insurance Regulations ,
Regulatory Oversight ,
Singapore ,
Vietnam
The tracker covers a range of developments across the region, including steps taken by the Chinese authorities to decentralise regulations in the insurance sector, a new amendment bill passed by the Hong Kong Legislative...more
4/1/2021
/ China ,
Consumer Insurance Products ,
Financial Services Industry ,
Hong Kong ,
Indonesia ,
Insurance Regulations ,
Legislative Agendas ,
Life Insurance ,
Regulatory Agenda ,
Regulatory Oversight ,
Singapore
Financial Institutions Horizons is a snapshot of key legal topics and market trends across the globe, shaping the future of the financial institutions market.
When we conceived the Horizons series in 2018, the financial...more
12/16/2020
/ Biden Administration ,
China ,
Coronavirus/COVID-19 ,
Cybersecurity ,
Financial Institutions ,
FinTech ,
Infectious Diseases ,
Investigations ,
Libor ,
Sustainable Business Practices ,
UK Brexit
In a significant development, the Shanghai Financial Court has announced its ruling in the first case in China involving an application for recognition and enforcement of a Hong Kong court judgment relating to the...more
CBIRC issued newly revised Health Insurance Measures -
On 31 October 2019, the China Banking and Insurance Regulatory Commission (CBIRC) promulgated the newlyrevised Administrative Measures for Health Insurance (Health...more
9/18/2020
/ Asset Management ,
China ,
Commercial Insurance Policies ,
Consumer Insurance Products ,
Foreign Investment ,
Health Insurance ,
Hong Kong ,
Indonesia ,
Insurance Regulations ,
Property Insurance ,
Reinsurance ,
Singapore
Equity Capital Markets -
The Stock Exchange of Hong Kong Limited (SEHK) invites feedback on proposals to introduce a paperless listing & subscription regime, online display of documents, and reduction of the types of...more
Hong Kong Exchanges and Clearing Limited (HKEx) signs agreement with MSCI Inc. (MSCI) to license indexes to launch Asia and Emerging Markets futures and options contracts
...more
6/11/2020
/ Capital Markets ,
China ,
Data Protection ,
Emerging Markets ,
Equity Markets ,
ETFs ,
Financial Markets ,
Financial Services Industry ,
Financial Transactions ,
Hong Kong ,
Hong Kong Securities and Futures Commission (HKSFC) ,
Hong Kong Stock Exchange ,
Listing Standards
On 30 April 2020 the People's Republic of China (China or the PRC) announced a pilot scheme for establishing real estate investment trusts (REITs) dedicated to the infrastructure sector, dubbed as the "real" China REITs...more
More than one year after the release of a draft amended version of the GB/T 35273-2017 Information Security Technology – Personal Information Security Specification (the 2017 Specification) for public comments in January...more
As the coronavirus (COVID-19) spreads across the world, creating new epicenters, this is perhaps an opportune moment to look back at the lessons learned from China, where it appears that the outbreak is under control, in...more
On 30 January 2020, the World Health Organization declared COVID-19 to be a public health emergency of international concern. ...more
This tracker covers a range of developments across the region, including China's measures to further open up China's insurance sector, the guidelines issued by the Hong Kong Insurance Authority in light of the regulatory...more
Under normal circumstances the fact that the parties to a contract have imprinted seals (or 'chops' as official company seals are called in China) would typically indicate that the parties have reached an agreement on the...more
Ever since China began opening up to the outside world, the right of foreign-invested enterprises ("FIEs") to make equity investments within the People's Republic of China (which for these purposes refers to Mainland China...more
12/2/2019
/ Capital Contributions ,
China ,
Cross-Border Transactions ,
Equity Investors ,
Financial Institutions ,
Financial Regulatory Reform ,
Foreign Investment ,
Foreign Investment Entities (FIEs) ,
Free Trade Zone ,
Investment ,
Investment Opportunities ,
Regulatory Standards ,
State Administration of Foreign Exchange (SAFE)
Two years on since the first draft, the final act of the legislative passage saga of the long-awaited People's Republic of China Encryption Law ended with its promulgation on 26 October 2019. It will take effect on 1 January...more
Following the ground-breaking People's Republic of China (PRC) Foreign Investment Law (FIL) which unifies and replaces the main existing rules governing foreign invested enterprises (FIEs) and their activities, namely the...more
On 15 October 2019 the State Council in China published the decision on revising the Foreign Insurers in China Regulations and the Foreign-Invested Banks Administrative Regulations (known as the "Decision"). The Decision...more
After the China Banking and Insurance Regulatory Commission announced 12 measures to open up China’s banking and insurance industry in May, the Financial Stability and Development Committee under the State Council announced...more
10/24/2019
/ Bond Markets ,
China ,
China Securities Regulatory Commission (CSRC) ,
Financial Institutions ,
Financial Markets ,
Financial Regulatory Reform ,
Foreign Investment ,
Hong Kong’s Financial Services Development Council (FSDC) ,
Institutional Investors ,
Investment Opportunities ,
Pension Funds ,
People's Bank of China ,
QFIIs ,
RQFII ,
S&P
China is marching on to be the world's pioneering cashless society but unfortunately there is an almost complete absence of foreign counterparts in the huge Chinese domestic or cross border transactions initiated from China....more
8/27/2019
/ China ,
Critical Infrastructure Sectors ,
E-Commerce ,
Foreign Investment ,
Foreign Investment Entities (FIEs) ,
Internet Retailers ,
Licensing Rules ,
Payment Services Directive ,
PBOC ,
Regulatory Oversight ,
Telecommunications ,
Third Party Payments