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Qualified Opportunity Zone Fund Investments
On June 21, 2024, the US Department of the Treasury (Treasury) released proposed new federal regulations (Proposed Rules) that, if implemented, would prohibit or require notification of a broad range of outbound investment...more
The Ministry of Industry and Information Technology (“MIIT”), following the first round of public comments which concluded on October 30, 2021, published a new draft of the Administrative Measures on Data Security in the...more
The Cyberspace Administration of China (“CAC”) on November 14, 2021 published the draft Regulations on the Administration of Network Data Security (“Draft Regulations”) for comment through December 13, 2021.1 The Draft...more
As drafted the new measures specify security assessment and contract requirements but leave ample room for Chinese authorities to heavily restrict cross-border data transfers. At the end of October, China’s top privacy...more
The Cyberspace Administration of China (“CAC”) on October 29, 2021 published the draft Measures on Security Assessment of Cross-Border Data Transfer (“Draft Measures”) for comment through November 28, 2021. The Draft Measures...more
On July 6, the General Office of the Central Committee of China’s Communist Party and the General Office of the State Council jointly issued the Opinions on Strictly Cracking Down on Illegal Securities-related Activity in...more
China is continuing to move forward with its first comprehensive privacy law. China recently issued a second version of the draft Personal Information Protection Law (Draft PIPL) which will be open for public comments until...more
On 28 May 2019, the Cyberspace Administration of China (CAC) released the “Data Security Management Measures (Draft for Comments)” (Draft Measures) (unofficial English translation here), containing detailed rules to expand...more
In early June, the Cyberspace Administration of China released for public comment new draft regulations applicable to the collection of personal information relating to children under 14 by online service providers. The...more