News & Insights
Chinese tobacco administrative authority unveiled a regulation on E-cigarettes, which will place a significant impact on the booming E-cigarettes industry. The Measures will be effective as of May 1, 2022.
In China, a new regulation titled Measures for Cybersecurity Reviews, governing the “cybersecurity review” against companies who control critical information infrastructures, important industrial data or large volume of personal information has been in effect as of February 15, 2022.
China’s Ministry of Industry and Information released its latest draft Measures on Administration of Data Security in the Sectors of Industry and Information, seeking public comments by February 21, 2022.
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.