BUSINESS
LAW DIGEST
Revised Cybersecurity Law: New penalties, extends enforcement
China’s Cybersecurity Law was revised on 28 October, its first update since taking effect in 2017
Revised code regulates listed company executives’ conduct
CSRC issued revised corporate governance rules to strengthen conduct and oversight among listed companies
China securities regulator to raise whistleblower rewards
CSRC and Ministry of Finance propose raising whistleblower rewards to RMB1m, with consultation open until 30 Oct
Business Law Updates in China July – August 2025
Stay informed on the latest legal developments shaping China's business landscape
HK simplifies listings for biotech, tech firms
Hong Kong launches new initiatives to simplify biotech and tech company listings with a dedicated channel
To share or not to share? Court backs firing over salary disclosure
A Shanghai court upheld a company’s right to fire an employee for violating its salary confidentiality policy
New rules to regulate facial recognition technology
New rules on face recognition in China take effect June 2025, aiming to balance security, innovation and privacy compliance.
China’s VAT regime enters new era
China passes VAT Law on 25 Dec 2024; to take effect on 1 Jan 2026
Audit rules issued on personal information protection
China's new personal information compliance audit measures will take effect on May 1, 2025
HK introduces draft law on critical infrastructure cybersecurity
Hong Kong introduces draft bill for critical infrastructure cybersecurity
Claiming shortfall for occupational diseases after insurance
Court orders employer to cover occupational disease compensation shortfall
Hong Kong proposes re-domiciliation regime
Hong Kong proposes a re-domiciliation regime for foreign companies
Paul Hastings acts on Hanwha’s inaugural USD500m note issuance
Hanwha Aerospace issues first US dollar bond offering of USD500 million in 5% senior unsecured notes due in 2029
Nominee shareholding: Transferring shares not yet due
The recent overhaul of the capital subscription regime has brought new complexities
The A-List: Japan’s top lawyers and Legal Icons
Asia Business Law Journal uncovers the most recognised lawyers in Japan’s legal industry, featuring the country’s top 100 lawyers plus 30 Legal Icons
Clifford Chance guides Searah on USD6.6bn oil-gas financing
Global law firm Clifford Chance has advised Searah on a USD6.6 billion revolving credit facility for upstream oil and gas assets in Indonesia and Malaysia
Beauty giant Proya grows controlling stake in Flower Knows
Chinese beauty giant Proya’s latest RMB351 million investment to acquire 12.55% in Flower Knows secures 51% controlling stake in cosmetics brand
SIAC opens Delhi representative office, its third in India
The Singapore International Arbitration Centre (SIAC) opens its third representative office in India, adding to its six overseas branches.
