Stay up to date with legal developments in China.
What's New
China Relaxes Rules on Cross-Border Data Flow
On 22 March 2024, the Cyberspace Administration of China ("CAC") published the long-awaited Regulations on Promoting and Regulating the Cross-border Data Flow (《促进和规范数据跨境流动规定》) ("Regulations"), which came into immediate effect.
Compared to the draft Regulations issued for comments by CAC on 28 September 2023, the published Regulations marks a radical shift in China’s cross-border data transfer regulatory approach, towards one which seeks to ensure a balance between national security and protection of individual rights on one hand, and commercial practicability on the other hand.
This Update will examine some of the key features of the Regulations.
China's Newly Released Draft Measures on Reporting Cybersecurity Incidents
On 8 December 2023, the People's Republic of China issued the Draft Administrative Measures on Reporting Cybersecurity Incidents (网络安全事件报告管理办法（征求意见稿）) ("Draft Measures") for public consultation. The consultation is open for feedback on the Draft Measures until 7 January 2024.
The obligation to report cybersecurity incidents is an existing obligation for network operators under Article 25 of the PRC Cybersecurity Law (中华人民共和国网络安全法). The Draft Measures represent a further step by the Cyberspace Administration of China to detail the reporting procedure and the potential liability for failure to meet the reporting obligation. In this Update, we delve into some of the key highlights of the Draft Measures, including the scope of reportable cybersecurity incidents, the timelines for reporting, what should be included in the report, and the penalties for breach of the requirements.
Guide to the Real Estate Industry in Asia
A keen understanding of the nature of real estate and the legal and regulatory issues related to this asset class is critical to working out any real estate deal. In this third edition of Rajah & Tann Asia's "Guide to the Real Estate Industry in Asia", we share with you a brief overview of certain key insights to the real estate industry in Cambodia, China, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. Topics covered include the legal framework, types of real estate, ownership and tenure, taxes and other important aspects for investors of real estate to note.
A key pillar of our strength is our Rajah & Tann Asia network with offices in Cambodia, China, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam, as well as dedicated desks focusing on Japan and South Asia. With the most extensive legal network in Asia, our lawyers have a tight grasp of the local culture, business practices, and language not just within their own home countries, but in the other markets in which they frequently conduct cross-border deals as well. Our depth of transactional and regulatory experience allows us to advise clients strategically and creatively, from structuring to eventual execution and implementation of the transaction. It is important to seek specific legal advice in any corporate real estate matters, and our team would be pleased to discuss your specific objectives and requirements.