Author: Horizons

CHINA | Getting Prepared for the first Personal Information Protection Law

Big data analytics for many companies is crucial to identify personal consumption characteristics and increase sales. However, many consumers may oppose such practice since companies can mishandle personal information.   Personal Information Protection Law The Personal Information Protection Law of the People's Republic ("PIPL") takes effect from 1 November 2021 and is the first law to…

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CHINA | When Shareholders are Held Personally Liable

The corporate veil or the corporate personality is a legal term refers to the separation of the corporate entity from the shareholder in a litigation. When shareholders' liabilities in China become personal. In such case, the court usually renders the shareholder personally liable for the debts, negligence, or mismanagement of the business, and personal assets…

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RUSSIA | Crucial Obligations for High-tech Companies

President Vladimir Putin signed a new law affecting companies with more than 500.000 daily online users in the territory of the Russian Federation (“Russia”). On 1st July 2021, the Law, No. 1176731-7 on the activities of foreign entities on the “Internet” telecommunications network in Russia (“the Law”), was signed by the Russian President, Vladimir Putin.…

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