We are seeing more queries coming in from clients about data privacy compliance in the UAE now that the new data privacy laws are operational in the Dubai International Financial Centre (DIFC) and the Abu Dhabi Global Market (ADGM). The recent changes to the data privacy laws in these free zones materially increase the data … Read More
Shanghai SAFE abolishes the annual filing/registration requirements of SAFE registered incentive plans. In late January 2021, the China State Administration of Foreign Exchange Shanghai Branch (“Shanghai SAFE”) verbally notified local counsels that the annual filing obligation for companies who have incentive plans registered with Shanghai SAFE is to be relaxed. There is still an obligation … Read More