Personal Data Protection in China

Introduction Personal data is getting increased attention globally. China has enacted a new law to regulate the collection, storage, and use of personal data. It comes as China has turned its attention to technology, Internet and other areas of business where personal data is collected. China is not alone in this: there is increased attention being paid to personal data in many jurisdictions, including, most recently, the […]

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Hong Kong: a world where the old and the new live side by side

Hong Kong SAR Hong Kong Limited Partnership Fund (“LPF”) Regime Hong Kong is the second largest private equity hub in Asia after Mainland China. As an international financial centre, Hong Kong has a vital role to play in the Funds Industry, and is committed to strengthening its position as a jurisdiction of choice for Private […]

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China: the land of opportunities for foreign investors

Mainland Foreign Investment Law China’s Foreign Investment Law became effective on 1 January 2020, replacing old laws each of which was applicable only to a certain type of entity set up by foreign investors. Key features of the Law include the following: Old laws provided incentives (such as tax holidays) and imposed restrictions on foreign […]

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IR Global Insights: Working smart, surviving and thriving

August 2021

When Covid-19 first surged across continents, most companies had to mothball projects, downsize and quickly review their costs, supply chains, sales strategy and customer relationships. US-based Danny Cortenraede, managing partner […]

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AWS? Not for Amazon in China

Introduction AWS is Amazon’s brand for its dominant cloud services. A series of administrative and court decisions have confirmed that a Chinese company has the legal rights to the “AWS” trademark in China. China is a “first to file” trademark jurisdiction. Use or intended use is not part of registration. This is very different from […]

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Madrid Protocol – More Needed for China Enforcement

Introduction The Madrid Protocol, associated with but separate from the Madrid Agreement, is an international agreement about trademark registration. Registration of a trademark in a member jurisdiction can be extended to other member jurisdictions. It is very convenient and cost effective to register in multiple jurisdictions. It does not always work perfectly, however, because the detail […]

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China Law News & Updates

The Revised Data Security Law Text Published to the Public On July 1, 2021, the Standing Committee of the 13th National People’s Congress officially issued the Data Security Law. Since June 2021, the law has gone through three reviews and amendments. It will take effect in September 2021. Interested to learn more? Watch for our upcoming […]

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Shanghai Steele Business Information Consulting Co., Ltd joins IR as the exclusive Investigative Due Diligence Member in China

IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Fei (Charles) Wei of Shanghai Steele Business Information Consulting Co., Ltd. Charles has joined IR as our exclusive Investigative Due Diligence member in China. Charles Wei set up Shanghai Steele in 2005 and is the earliest founder. Before starting Steele he […]

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Alex Cho participates in the IR Global Guide – Getting to know the UBO & selecting the right advisor

Foreward by Andrew Chilvers When the 5th Anti-Money Laundering Directive was introduced into law by the UK and EU in January 2020, for many professionals it was a much needed addition to legislation that would significantly help business transparency and combat money laundering. In essence, it was good for business and for public and professional […]

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Report on some success of the Kiefer China Exhibition dispute

Anselm Kiefer is one of the most world-famous artists of Germany Neo-expressionism after World War II. In November 2016, China held the large-scale exhibition of “Kiefer in China“. However, before the inaugural ceremony of this exhibition, Kiefer stated through the media that, no one had negotiated or consulted with him about the planned exhibition “Kiefer […]

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Getting to know the UBO

And Selecting the Right Advisor

February 2021

Why the latest directive on UBOs is critical to combat corporate crime When the 5th Anti-Money Laundering Directive was introduced into law by the UK and EU in January 2020, […]

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