The rules tighten restrictions on internet platform companies investing in financial services firms and ask them to implement capital and leverage ratio requirements.
January 26, 2022The final rules, proposed in July, require companies holding personal data of more than one million users to undergo a cybersecurity review before they can list overseas.
January 6, 2022Companies looking to IPO in Hong Kong would have to undergo a cybersecurity assessment if their data-processing activities may have an impact on national security.
November 16, 2021Government reviews will be mandatory if data exporters handle personal data of more than 1 million residents, or the “sensitive” personal data of more than 10,000 people.
November 5, 2021FIs are encouraged to actively participate in the development of "international and domestic" open source technology communities.
October 29, 2021The new guidance warns that companies will be held accountable for misusing algorithms. An algorithm registration system will be established.
October 7, 2021Services for virtual currency transactions are deemed illegal, including those provided to Chinese residents by overseas crypto exchanges.
September 25, 2021The CSRC is drafting rules that would prohibit Internet firms holding large amounts of user-related data from listing overseas, targeting firms with VIE structures.
August 31, 2021The plan would require companies seeking overseas listings to hand over management and supervision of their data to third-parties.
August 26, 2021Chinese authorities are considering severe penalties for Didi Chuxing, which proceeded with its New York IPO despite being asked to first submit to a cybersecurity review.
July 26, 2021