“Halfway through 2023 and we find ourselves in gripping times as the offshore wind market further grows—within the ‘first’ home regions and beyond. Along with these developments, not the least "offshore wind auctions taking...more
In China, foreign investment opportunities are there for the taking – if you’re prepared to seize them By Jun Wei, Urszula Nartowska, and Stephanie Tang China’s chemical industry has been the world’s largest since 2011 – but...more
The COVID-19 Report is a compilation of coronavirus news, analysis, and insights from around the world to help life sciences and health care companies stay current in this challenging time....more
8/26/2020
/ Biologics ,
China ,
Coronavirus/COVID-19 ,
Debt Financing ,
Department of Health and Human Services (HHS) ,
Emergency Use Authorization (EUA) ,
EU ,
Food and Drug Administration (FDA) ,
Inspections ,
Laboratory Developed Tests ,
Legislative Agendas ,
Life Sciences ,
Moratorium ,
Payment Systems ,
Pharmaceutical Industry ,
Relief Measures
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
Dutch competition authority imposes fine on company for deleted chat messages during a dawn raid -
The Dutch competition authority (“ACM“) recently confirmed that the obligation to cooperate fully with an inspection/during...more
3/23/2020
/ Antitrust Provisions ,
BSA/AML ,
Competition ,
Competition Authorities ,
Department of Justice (DOJ) ,
Enforcement Actions ,
EU ,
Federal Trade Commission (FTC) ,
Hart-Scott-Rodino Act ,
Monopolization ,
Threshold Requirements
The outbreak of novel coronavirus 2019-nCoV ("Coronavirus") is an extraordinary challenge for many transactions involving Chinese companies. In this section, we analyse its impact on certain key aspects of mergers and...more
2/18/2020
/ Best Practices ,
China ,
Coronavirus/COVID-19 ,
Corporate Sales Transactions ,
Covered Transactions ,
Financial Markets ,
Force Majeure Clause ,
Infectious Diseases ,
Investment ,
Investor Protection ,
Investors ,
Joint Venture ,
Market Conditions ,
Material Adverse Effects ,
Public Health ,
Risk Management ,
Share Purchase Agreements
With the novel coronavirus (2019-nCoV, the "Coronavirus") spreads globally at alarming speed some countries have responded to the crisis by taking measures such as restricting or denying importation from China and requiring...more
2/18/2020
/ Air Cargo ,
Best Practices ,
China ,
Contract Terms ,
Coronavirus/COVID-19 ,
Exports ,
Force Majeure Clause ,
Imports ,
Infectious Diseases ,
Ports ,
Public Health ,
Risk Management ,
Safety Standards ,
Shipping ,
Shipping Cargo ,
Trade Policy ,
Vessels ,
World Health Organization
On 31 January 2020, the World Health Organization has announced the outbreak of novel coronavirus (2019-nCov), sourced from Wuhan, as a Public Health Emergency of Concern. The impact of the coronavirus outbreak, social...more
2/18/2020
/ Best Practices ,
Borrowers ,
China ,
Consumer Financial Products ,
Coronavirus/COVID-19 ,
Financial Institutions ,
Financial Markets ,
Financial Services Industry ,
Infectious Diseases ,
Lenders ,
Loans ,
Market Conditions ,
Material Adverse Effects ,
Public Health ,
Risk Management
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
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 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
On December 29, 2017, the Standardization Administration of China, jointly with the PRC General Administration of Quality Supervision, Inspection and Quarantine, issued the Information Security Technology – Personal...more
11/14/2018
/ China ,
Consumer Protection Laws ,
Cooperative Compliance Regime ,
Cybersecurity ,
Data Collection ,
Data-Sharing ,
General Data Protection Regulation (GDPR) ,
Information Technology ,
Personal Data ,
Personally Identifiable Information ,
Popular ,
Regulatory Oversight ,
Regulatory Requirements
Announced in 2013 as the project of the century, Chinese President Xi Jinping unveiled the Belt and Road Initiative ("BRI") to revitalise trade and economic growth in the Eurasian region....more
China's new rules for Internet-based medical services – telemedicine, Internet hospitals and Internet-based diagnosis came into force on 17 July 2018.
...more
10/31/2018
/ China ,
Diagnostic Tests ,
Electronic Prescribing ,
Health Care Providers ,
Health Information Technologies ,
Hospitals ,
Internet ,
Licensing Rules ,
Physicians ,
Telehealth ,
Telemedicine
Virtually all industries are being reshaped with the use of Artificial Intelligence and advanced machine-learning.
Everything from healthtech to self-driving vehicles, to education and smart homes, drones and space, social...more
4/4/2018
/ Antitrust Provisions ,
Artificial Intelligence ,
Asia Pacific ,
Connected Cars ,
Connected Items ,
Drones ,
Ethics ,
Export Controls ,
FinTech ,
Intellectual Property Protection ,
Life Sciences ,
Outer Space ,
Popular ,
Regulatory Oversight ,
Robotics ,
Satellites ,
Smart Devices ,
Unmanned Aircraft Systems
On December 20, 2017, the China Food and Drug Administration (“CFDA“) released two draft documents for public comment:
(1) Conditional Approval for Urgently Needed Drugs Technical Guidance (the “Draft Conditional Approval...more
On 4 September 2017, the People's Bank of China ("PBOC") and six other government agencies issued the Statement on Preventing the Risks of Fund Raising through Initial Coin Offerings (the "ICO Statement"), declaring that...more
9/26/2017
/ Bitcoin ,
Blockchain ,
Capital Raising ,
China ,
Cryptocurrency ,
Digital Currency ,
Distributed Ledger Technology (DLT) ,
Financial Markets ,
Initial Coin Offering (ICOs) ,
People's Bank of China ,
Securities and Exchange Commission (SEC) ,
Token Sales ,
Virtual Currency
Another step forward filling in blanks in the cyber security law or more questions than answers?
On 11 July 2017, the China Cyberspace Administration ("CAC") released the draft Key Security ("Draft Regulations") for public...more
Following serious incidents of civilian drones entering the airspace of Chinese airports and causing flight delays last April, China’s civil aviation authority has issued the Real-name Registration of Civil Unmanned Aircraft...more
On 15 March 2017, the People's Republic of China General Civil Law Rules (hereinafter referred to as the "GCLR") were formally adopted at the Fifth Session of the Twelfth National People's Congress. The GCLR will enter into...more
On 19 May 2017, the Cyberspace Administration of China (the “CAC“) released a revised draft of its Security Assessment for Personal Information and Important Data Transmitted Outside of the People’s Republic of China Measures...more