News & Insights
Economic hubs like Shanghai and Shenzhen have led the reform of Chinese regime for a few decades, forward-looking businesses are recommended to monitor their practices closely.
On first business day of 2022, China’s regulatory authority released a new regulation to prevent the algorithmic discrimination. Companies who applies machine learning technologies should reach out a lawyer who is familiar with the information technology to assess their risks.
On December 7, 2021, Veranex announced that it entered into a binding agreement to acquire Worrell. The transaction has been closed in December 2021.
It is expected that the year of 2022 will be a year of enforcement of data-related laws. Multinational companies who have presences in China or provide products/services to Chinese consumers need to take compliance actions. However, before diving into details, one needs to prioritize the compliance work by assessing the practical risks in front of this wave of legislation.
Before diving into details, one needs to get a clear big picture on what exactly the Personal Information Protection Law is for, and what are other critical regulatory requirements beyond the personal data protection, so that he/she may prioritize the work.
China: a momentous draft regulation demonstrates the regulator’s approach in enforcing the data-related laws
It is so far the most comprehensive implementing rules under the country’s overall structure of data governance.
China: the data authority issued its draft rules governing cross-border data transfers, seeking public comments
The Draft could widely affect both foreign companies who have operations in China and those China-headquartered multinational corporations.
We found that PIPL has quite a few China specific features. As such, for businesses in China who are already GDPR and PIPL compliant, additional efforts may need to be considered and made.