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The journey has just begun: China passes its Personal Information Protection Law

On 20 August 2021, China’s National People’s Congress passed the Personal Information Protection Law (PIPL). The PIPL has a rapid timeframe for implementation, taking effect on...

Insights

Will bad apples stop rolling? The HKMA launches a mandatory reference checking scheme
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Financial regulators around the world have been implementing regimes to mitigate a phenomenon sometimes described as the problem of “rolling bad apples”: bank employees who...

News

Global Payments Newsletter, August 2021

Key developments of interest over the last month include: Brazil: Central bank publishes details of push towards Phase 2 of Open Banking United Kingdom: PSR launches Digital Payments...

News

Hong Kong Corporate & Regulatory Insights — July 2021

Hogan Lovells' Hong Kong Corporate & Regulatory Insights July 2021 edition is published today to keep you abreast of the recent legal and regulatory developments in the Hong Kong...

Insights

Revision class – are there still opportunities for foreign investors in China education?
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China's recent sweeping moves to ban for-profit tutoring in core education took investors in the US$120 billion industry by surprise and caused the valuations of some of the largest...

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Court in Puerto Rico case adopts alternative test to find settlement agreements were executory

Section 365 of the Bankruptcy Code creates a framework through which a debtor can elect to either assume or reject an executory contract. Because the Bankruptcy Code does not define...

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Gratification control on financial services sector

In the implementing of one of its duties to prevent corruption in Indonesia, the Corruption Eradication Commission (KPK) as Indonesian Corruption Watchdog issued Circular Letter No. 19 of...

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Hogan Lovells responds to the European Commission’s consultation on the AI Regulation

On 6 August, Hogan Lovells submitted its response to the European Commission’s public consultation on its proposed AI Regulation (Draft Regulation). Our view is that the Draft...

Insights

A "magical incantation" - Hong Kong court warns it will carefully examine restructuring viability
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The Hong Kong court has taken aim at Hong Kong-listed companies that are incorporated offshore, carry on business primarily in the mainland and that appear to want to engineer de facto...

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