Since establishment of the office in 1982, Hong Kong has acted as the hub around which Hogan Lovells’ regional growth and network expansion have been organised. We are also the sole Hong Kong member of the Pacific Rim...more
In line with international and European developments, Ireland has introduced a new regime to provide for a process to allow for certain transactions that may present risks to the security or public order of the State to be...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
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
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)
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
Between July and August 2019, China's State Administration of Foreign Exchange ("SAFE") made one step forward towards China's comprehensive foreign exchange reform. The local branches of SAFE in China's 12 Free Trade Zones...more
Much has already been written about the foreign investment law which was voted into law by China's highest legislative body, the National People's Congress of the People's Republic of China, on 15 March 2019.
...more
The dynamism of the Technology, Media and Telecoms sector is set to continue.
Challengers can reach scale seemingly overnight, forcing market change at a similar speed. Established business models are upended, driving...more
6/21/2019
/ 5G Network ,
Antitrust Provisions ,
Artificial Intelligence ,
Big Data ,
Digital Media ,
Drones ,
eSports ,
Foreign Investment ,
General Data Protection Regulation (GDPR) ,
Hulu ,
Intellectual Property Protection ,
Internet Streaming ,
Netflix ,
Outer Space ,
Satellites ,
Standard Essential Patents ,
Telecommunications ,
Television Programming ,
Trade Policy ,
UK Brexit
China's new FIL and ambitious but controversial long-term strategies such as "Made in China 2025" mean potentially greater investment opportunities for international companies - particularly in high-tech manufacturing, life...more
6/5/2019
/ China ,
Foreign Direct Investment ,
Foreign Investment ,
Foreign Relations ,
Intellectual Property Protection ,
Investment Funds ,
Investment Opportunities ,
Investors ,
Multinationals ,
Technology Transfer Agreements ,
Trade Wars ,
US Trade Policies ,
Webinars
The Social Credit System ("SCS") in the People's Republic of China is not a new concept.
But the Chinese Social Credit System is nothing if not controversial. There are two world views of the SCS, which paint diametrically...more
As had been widely anticipated, the Foreign Investment Law was voted into law by China's highest legislative body, the National People's Congress of the People's Republic of China on March 15, 2019.
...more
In a recent move involving both the Chinese legislature (the National People’s Congress) and the executive branch (the State Council), China has overhauled two of its most important pieces of legislation governing inbound...more
On December 26, 2018, the National People's Congress (NPC) of the People's Republic of China (China or PRC) issued a revised draft Foreign Investment Law (the 2018 Draft) for public comments, accompanied by an explanation...more
In July 2017, Mainland China and the Hong Kong SAR launched the Bond Connect Scheme ("Bond Connect"). Bond Connect is a milestone in the liberalization of the Chinese debt capital markets, a significant opportunity for...more
In a move designed to boost the issuance of Panda bonds and encourage foreign participation in the Chinese bond market, the People’s Bank of China (the Chinese central bank) and the Ministry of Finance jointly issued the...more
Foreign investment in cloud services is heavily restricted in China. For years, international cloud operators have been struggling to identify structures that address regulatory concerns, but at the same time enable a service...more
On 28 June 2018, the National Development and Reform Commission and the Ministry of Commerce released the Foreign Investment Market Access Special Administrative Measures (Negative List) (2018 Version), which will become...more
On 29 March 2018, the Chinese State Council released the External Transfer of Intellectual Property Rights Measures (for trial implementation) (the IPR Overseas Transfer Measures) providing for further governmental scrutiny...more
On 30 June 2016, the industry self-regulating body, the Asset Management Association of China published what, on the face of it, appeared to be a fairly innocuous document entitled Questions and Answers regarding the...more
On 30 June 2016, the industry self-regulating body, the Asset Management Association of China published what, on the face of it, appeared to be a fairly innocuous document entitled Questions and Answers regarding the...more
3/23/2017
/ CEPA ,
China ,
China Securities Regulatory Commission (CSRC) ,
Financial Institutions ,
Financial Markets ,
Foreign Investment ,
Foreign-Owned Corporations ,
Investment Funds ,
Investment Management ,
Joint Venture ,
MOFCOM ,
Private Funds ,
Regulatory Oversight
On 4 February 2017, the Cyberspace Administration of China issued a draft of the Network Products and Services Security Review Measures (“Draft Measures“) for public comment: the Draft Measures remain open for comments until...more