All posts tagged "national security"
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362ChinaChina Issues New Draft Regulations on Online Data Security
Companies 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, 2021 -
237AML / KYCUS Treasury Sanctions Cambodian Officials for Corruption
Businesses in Cambodia are warned to "be mindful of interactions with entities in corrupt business practices, criminal activities and human rights abuses”.
November 13, 2021 -
127ChinaChina Pledges Further Opening-up in Five-Year FDI Plan
The plan includes measures to further open up the banking, securities, insurance, funds, futures and other financial sectors.
October 30, 2021 -
297AML / KYCHKMA, SFC Issue FAQ on ‘Offence Related Property’ Under NSL
FIs "must" disclose to the JFIU property held by persons charged for offences under the National Security Law regardless of the portion of shareholdings.
October 25, 2021 -
201ChinaChinese Regulators Hold Meeting with Wall Street Firms – Report
CSRC vice chairman Fang Xinghai reportedly defended moves targeting the education and gaming industries as measures to reduce social anxiety.
September 22, 2021 -
133ChinaChina Considers Data Controls for Firms Seeking Overseas IPOs
The plan would require companies seeking overseas listings to hand over management and supervision of their data to third-parties.
August 26, 2021 -
272ChinaChina to Tighten Oversight of Overseas Listings
Chinese authorities will step up supervision of companies that list overseas to improve regulation of cross-border data flows and security.
July 8, 2021 -
690ChinaChina Passes Data Security Law, Effective in September
Companies that provide data to foreign judicial or law enforcement agencies without approval can have their business licences revoked and be penalised up to CNY 5 million.
June 15, 2021 -
713AML / KYCChina to Broaden Scope of AML Law, Raise Penalties
The draft law brings into scope non-bank financial institutions as well as property developers, accounting firms and precious metal dealers.
June 3, 2021 -
320AML / KYCHK Bankers Threatened With Jail Under National Security Law
Letters sent to HSBC and Citibank threaten up to seven years' jail for any dealings with Hong Kong accounts belonging to media tycoon Jimmy Lai.
May 29, 2021
