Mon, 31 Jan 2022 China Legal Trends CJO Staff Contributors Team

In December 2021, the Supreme People’s Court issued the “Provisions on Certain Issues Concerning the Compulsory Enforcement of Equity Interests by the People’s Courts” (最高人民法院關(guān)于人民法院強(qiáng)制執(zhí)行股權(quán)若干問(wèn)題的規(guī)定), aiming to unify the application of law in enforcing equity.

Sat, 29 Jan 2022 China Legal Trends CJO Staff Contributors Team

In September 2021, the Legislative Council of the HKSAR passed the “Sale of Goods (United Nations Convention) Ordinance”, which allows the CISG to be fully applicable in HKSAR.

Fri, 28 Jan 2022 China Legal Trends CJO Staff Contributors Team

In December 2021, the Supreme People’s Procuratorate issued the 31st batch of Guiding Cases, focusing on support for vulnerable groups in bringing civil lawsuits.

Thu, 27 Jan 2022 China Legal Trends CJO Staff Contributors Team

In December 2021, the draft amendments to PRC Company Law were submitted for deliberation, which refine the incorporation and dissolution system of companies.

Wed, 26 Jan 2022 China Legal Trends CJO Staff Contributors Team

In December 2021, the State Administration for Market Regulation conditionally approved SK Hynix’s purchase of Intel’s partial business.

Tue, 25 Jan 2022 China Legal Trends CJO Staff Contributors Team

In December 2021, China Banking and Insurance Regulatory Commission issued the “Notice on Clarifying Measures for the Opening-up of the Insurance Intermediary Market” (關(guān)于明確保險(xiǎn)中介市場(chǎng)對(duì)外開放有關(guān)措施的通知) to relax conditions of market entry for foreign insurance intermediaries.

Mon, 24 Jan 2022 China Legal Trends CJO Staff Contributors Team

In December 2021, Weiya, one of China’s top live-streamers, was fined RMB 1.341 billion for tax evasion.

Sat, 22 Jan 2022 China Legal Trends CJO Staff Contributors Team

In December 2021, the amendments to the PRC Civil Procedure Law was passed, which focuses on online litigation.

Fri, 21 Jan 2022 China Legal Trends CJO Staff Contributors Team

In December 2021, China Securities Regulatory Commission (CSRC) issued the “Regulatory Provisions of the State Council on the Offshore Securities Issuance and Listing of Domestic Companies (Draft for Public Comment)” (國(guó)務(wù)院關(guān)于境內(nèi)企業(yè)境外發(fā)行證券和上市的管理規(guī)定(草案征求意見稿)), which for the first time clarifies the legality of VIE structure.

Thu, 20 Jan 2022 China Legal Trends CJO Staff Contributors Team

In December 2021, China Netcasting Services Association issued the “Guidelines for Review of Online Short Video Content (2021)” (網(wǎng)絡(luò)短視頻內(nèi)容審核標(biāo)準(zhǔn)細(xì)則(2021)), which specifically prohibits contents edited or adapted from films, TV dramas, or online TV series without authorization.