Practical Law China February Focus 2017 | Practical Law

Practical Law China February Focus 2017 | Practical Law

Details of Practical Law China's new and updated resources for February 2017.

Practical Law China February Focus 2017

Practical Law UK Legal Update w-006-6350 (Approx. 7 pages)

Practical Law China February Focus 2017

Published on 28 Feb 2017China
Details of Practical Law China's new and updated resources for February 2017.

Speedread

This February Practical Law China has expanded its coverage of IP & IT with the publication of Standard document, Data security breach notification letter: China. This document is a letter to be sent by a data controller to notify affected data subjects, including employees or customers, of a personal data security breach. We have also published the Chinese language version, Standard document, Data security breach notification letter in China (Chinese language version).
For the corporate, FDI and M&A practice area, we have published Article, Cross-border share swap: a new method for overseas acquisition by A-share companies. This article examines the regulatory approval of a recent cross-border share swap transaction in China, which included foreign investors receiving Chinese A-shares for offshore equities. It looks at the regulatory regime governing cross-border share swaps by Chinese A-share companies and discusses the current share swap transaction and its implications for other A-share companies. The article also has a table summarising the timeline of regulatory approvals for the transaction.
As usual, we have published our regular monthly roundup of key items for general counsel, GC Agenda China (see Article, GC Agenda China: February 2017) and separate legal updates for important legal and practical developments in this month (see Legal updates) and have updated a number of materials in the light of recent developments (see Maintenance).

New content

Corporate, FDI and M&A

We have published Article, Cross-border share swap: a new method for overseas acquisition by A-share companies. This article examines the regulatory approval of a recent cross-border share swap transaction in China, which included foreign investors receiving Chinese A-shares for offshore equities. It looks at the regulatory regime governing cross-border share swaps by Chinese A-share companies and discusses the current share swap transaction and its implications for other A-share companies. The article also has a table summarising the timeline of regulatory approvals for the transaction.

IP & IT

We have published Standard document, Data security breach notification letter: China. This document is a letter to be sent by a data controller to notify affected data subjects, including employees or customers, of a personal data security breach. The document also discusses related regulatory requirements and practical measures data controllers can take in the event of a personal data security breach. We have also published the Chinese language version, Standard document, Data security breach notification letter in China (Chinese language version).

GC Agenda China: February

The new GC Agenda China is now out. GC Agenda China provides practical, specific and actionable advice on key issues for GC covering China. GC Agenda China is also a useful reference point for external counsel who needs an overview of the main developments outside their own practice area.
This month's GC Agenda China covers:
  • NDRC's notice on verification and record-filing of foreign investment projects.
  • CAC's draft of security review measures for network products and services.
  • SPC's judicial interpretation on trade mark authorisation rights.
  • SAFE's notice on relaxing capital inflow controls and strengthening outflow authenticity reviews.
  • State Council's measures on attracting foreign investment.
  • SAIC's final version of implementing rules on seven-day returns of merchandise.

Maintenance

This month, we have updated a number of resources in areas including anti-bribery and anti-corruption, commercial contracts and boilerplate, corporate, FDI and M&A, employment and benefits, finance, IP & IT and real estate.
For details of the changes, follow the link to the resource you are interested in and click on "Show resource history" in the action box at the top right hand of the page.