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eNews
Enforcement of Foreign Arbitral Award Refused by Hong Kong Court
One of the advantages of arbitration is that an arbitral award granted by a competent tribunal is final and binding with limited options for appeal or review. The award is then enforceable including in other jurisdictions. As Hong Kong is a party to main conventions and agreements for the enforcement of arbitral awards including the UN Convention on the Recognition and Enforcement of Foreign Arbitral Awards, the Hong Kong Courts are often asked to recognise and enforce foreign arbitral award...
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China Updates
China Relaxes Cross-Border Data Protection Measures
On 22 March 2024, the Cyberspace Administration of China (“CAC”) implemented the Provisions on the Promotion and Regulation of Cross-border Data Transfer (“Provisions”) and updated the guidelines for security assessment and standard contracts (together the “Updated Guidelines”) with immediate effect. The Provisions aim to promote foreign investments into China and lessen the compliance burden of multinational companies on cross-border data transfer. Prior to the Provisions, data m...
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