On 6 July 2021, the Standing Committee of People’s Congress in Shenzhen released the Data Regulations of Shenzhen Special Economic Zone (the Shenzhen Data Regulation), which will come into force as of 1 January 2022. The...more
Ransomware attacks are on the rise in the Asia-Pacific region, amounting to one of the most significant operational risks faced by businesses in the region. The Asia Insurance Review reports that the worldwide costs of...more
China’s National People’s Congress (NPC) promulgated the Data Security Law of the People’s Republic of China (DSL) on June 10, 2021. The DSL will take effect September 1, 2021, making for a very brief transition period...more
On 1 June 2021, the Hong Kong Government announced that it will enact the Telecommunications (Registration of SIM Cards) Regulation (Regulation) to implement the Real-name Registration Programme for subscriber identity module...more
On 29 April, China’s National People’s Congress released the second consultation draft of the Personal Information Protection Law (New PIPL Draft). Public comments are open through 28 May 2021. The first draft of the Personal...more
6/3/2021
/ China ,
Cybersecurity ,
Data Privacy ,
Data Protection ,
International Data Transfers ,
Legislative Agendas ,
Personal Data ,
Personally Identifiable Information ,
Popular ,
Regulatory Agenda ,
Standard Contractual Clauses
Equity Capital Markets -
The Stock Exchange of Hong Kong Limited (SEHK) publishes consultation paper on review of corporate governance code and related Listing Rules -
SEHK published a consultation paper outlining...more
5/28/2021
/ AML/CFT ,
Capital Markets ,
Corporate Governance ,
Data Privacy ,
Data Protection ,
Financial Services Industry ,
Hong Kong ,
Hong Kong Monetary Authority (HKMA) ,
Hong Kong Stock Exchange ,
Listing Rules ,
Publicly-Traded Companies
What is Living Mobility? It is easier to say what it is not. The automotive industry is no longer focused on the traditional vehicle. Not only are the vehicles changing but we are now focused on mobility: different modes of...more
4/14/2021
/ Artificial Intelligence ,
Automation Systems ,
Automotive Industry ,
Blockchain ,
Connected Cars ,
Data Protection ,
Driverless Cars ,
Drones ,
Infrastructure ,
Innovative Technology ,
Motor Vehicles
The unprecedented challenges of the COVID‑19 pandemic are still with us, not only in terms of the grim toll the virus has taken on individuals and families, but also in terms of wider implications for how people and societies...more
4/14/2021
/ Asia Pacific ,
Consumer Privacy Rights ,
Cybersecurity ,
Data Management ,
Data Privacy ,
Data Protection ,
Information Governance ,
Personal Data ,
Personally Identifiable Information ,
Popular ,
Regulatory Agenda
The Stock Exchange of Hong Kong Limited (SEHK) publishes revised Listing e-Forms and guidelines for new applicants, Main Board (MB) issuers, and Growth Enterprise Market (GEM) issuers -
The Listing e-Forms, which include...more
3/24/2021
/ Data Protection ,
Enforcement Actions ,
Financial Services Industry ,
Hong Kong ,
Hong Kong Securities and Futures Commission (HKSFC) ,
Hong Kong Stock Exchange ,
Listing Rules ,
Publicly-Traded Companies ,
Regulatory Requirements ,
Securities Regulation ,
Wealth Management
The General Data Protection Regulation 2016/679 (GDPR) provides means to enforce provisions related to personal data processing by you as a data controller or data processor. It introduces collective actions everywhere in...more
On 22 January 2021 the Association of Southeast Asian Nations (ASEAN) Digital Ministers' Meeting approved the ASEAN Data Management Framework (the DMF) and the Model Contractual Clauses for Cross Border Data Flows (the MCCs)....more
The growing importance of data to mergers and acquisition (M&A) transactions highlights the need to have effective due diligence, transaction structuring, and execution that addresses the growing demands of data protection...more
On 18 June 2020 the HKEx announced plans to launch the HKEX Sustainable and Green Exchange (STAGE), a new information platform which will act as a central hub for data and information on sustainable and green finance...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
HKEx published Guidance Materials for Biotech Companies The Hong Kong Exchanges and Clearing Limited (HKEx) published and updated Guidance Materials providing prospective issuers and the market with more clarity on the...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
On Monday 20 January, the Constitutional and Mainland Affairs Bureau (“CMAB”), jointly with the Privacy Commissioner for Personal Data (“PCPD”), presented a paper outlining topics for review of the PDPO to the members of the...more
1/23/2020
/ Asia ,
Breach Notification Rule ,
Cross Border Privacy Rules (CBPR) ,
Cybersecurity ,
Data Breach ,
Data Collection ,
Data Management ,
Data Protection ,
Hong Kong ,
International Standards ,
PCPD ,
Personal Data ,
Proposed Amendments
The General Data Protection Regulation 2016/679 (GDPR) provides means to enforce provisions related to personal data processing by you as a data controller or data processor. It introduces collective actions everywhere in...more
11/22/2019
/ Burden of Proof ,
Class Action ,
Cybersecurity ,
Data Breach ,
Data Processors ,
Data Protection ,
EU ,
EU Data Protection Laws ,
European Commission ,
Evidence ,
Forum Shopping ,
General Data Protection Regulation (GDPR) ,
International Data Transfers ,
Litigation Strategies ,
Personal Data ,
Personally Identifiable Information ,
Private Right of Action ,
Risk Management ,
Russia
On 28 May 2019, the Cyberspace Administration of China (CAC) released the draft Measures on the Administration of Data Security (Data Security Measures, see our in-house English translation here) for public...more
The cybersecurity classified protection regime attracted significant attention when it was included in the Peoples Republic of China (PRC) Cyber Security Law promulgated in 2017 (the CSL). The CSL mandates that network...more
On 1 February, 2019, the National Information Security Standardization Technical Committee issued an amended version of the GB/T 35372-2017 Information Technology – Personal Information Security Specification for public...more
Increasing numbers of initiatives, devices, and solutions related to the Internet of Things (IoT) are substantially impacting the development of cybersecurity and data privacy regulations throughout Asia. ...more
1/15/2019
/ Asia ,
Asia Pacific ,
China ,
Consumer Privacy Rights ,
Critical Infrastructure Sectors ,
Cybersecurity ,
Data Protection ,
Driverless Cars ,
Drones ,
General Data Protection Regulation (GDPR) ,
International Data Transfers ,
Internet of Things ,
Personal Data ,
Popular
In stark contrast to the rapid development of e-commerce in China, it has taken nearly five years and no less than four drafts for China to finalise its first e-Commerce Law. The new law will enter into force on 1 January...more
9/24/2018
/ Antitrust Provisions ,
Business Licenses ,
China ,
Corporate Counsel ,
Cross-Border Transactions ,
Cybersecurity ,
Data Protection ,
E-Commerce ,
Intellectual Property Protection ,
Internet Retailers ,
Internet Taxation ,
New Legislation ,
Online Advertisements ,
Online Platforms ,
Popular ,
Retail Market ,
Risk Mitigation ,
Sales Tax ,
Taxation ,
Website Owner Liability ,
Websites
India's Committee of Experts, under the chairmanship of Justice B.N. Srikrishna (the Srikrishna Committee), has submitted a draft Data Protection Bill (the Bill) for review by the Ministry of Electronics and Information...more
As global focus on data protection and cyber security law and regulation continues to increase, the Asia-Pacific region is increasingly an area of concern for global compliance programs.
...more
4/23/2018
/ APEC ,
Asia Pacific ,
Cross Border Privacy Rules (CBPR) ,
Cross-Border ,
Cybersecurity ,
Data Protection ,
General Data Protection Regulation (GDPR) ,
International Data Transfers ,
Personal Data ,
Popular ,
Regulatory Standards ,
Risk Management