Wary of New Security Law, Foreign Firms in Hong Kong Bolster Contingency Plans March 22, 2024 By James Pomfret and Greg Torode Vague provisions in Hong Kong’s new national security law around state secrets and links to foreign entities have put on...
China Orders Banks, Insurers to Review Cyber and Data Security January 11, 2024 By Bloomberg News China’s financial regulator told its banks and insurers to thoroughly review cyber and data security across all their businesses, underscoring...
EU Businesses Concerned About ‘Lack of Clarity’ in China’s Data Laws September 19, 2023 European Union businesses are concerned about China’s data laws, including their “lack of clarity” and the “long processes” that companies...
China’s Regulator Meets With Foreign Investors to Alleviate Concerns: Sources August 25, 2023 By Selena Li China’s securities regulator met with representatives from top Western asset managers on Friday to reassure them about the country’s economic...
China Fines US Firm Mintz $1.5M for ‘Unapproved’ Work, After Raiding its Beijing Office August 23, 2023 By Yew Lun Tian China fined U.S. firm Mintz Group about $1.5 million for doing “unapproved statistical work,” said a Beijing Municipal Bureau of...
China Eases Deadline Pressure for Multinationals’ Compliance With Data Security Rules March 2, 2023 By Josh Ye Chinese regulators have eased some deadline pressure on multinational companies struggling to comply with new rules requiring them to seek...
China Urges State-Owned Firms to Drop Big 4 Auditors Over Data Security Concerns February 23, 2023 By Bloomberg News Chinese authorities have urged state-owned firms to phase out using the four biggest international accounting firms, signaling continued concerns about...
U.S. Companies Warn China’s Data Rules Risk Creating ‘Digital Island’ April 25, 2022 China’s “uniquely restrictive” data laws risk boosting U.S. firms’ cost of doing business in the No. 2 economy and could...