Tag: china

Futures and derivatives legislation in China

The Futures and Derivatives Law of the People's Republic of China ('FDL') was adopted by the National People's Congress on April 20th and is effective from August 1, 2022. The FDL is a historical development for the financial industry in China. Namely, it aligns future and derivative legislation with international netting practices and promotes standardisation…

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Transferring technology in China – understand your obligations and reduce legal risks

Cross-border technology transfers can be challenging to navigate in China. As China categorizes technology transfers into three groups (prohibited, restricted, and free), the transfer can be subject to certain limitations or requirements. For foreign companies transferring technology in or out of China, it is crucial to understand obligations and reduce legal risks.   In China,…

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Setting standard or alternative working hours in China

Employers are normally obliged to utilise the standard working hours, as prescribed by the Labour Law of the People's Republic of China ('Labour Law'). In cases where the constraints of the work characteristics or production limits the implementation of the standard working hours, the employer may apply the flexible working time or cumulative working time…

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