March 7, 2023 – Global Investment Law Watch

People’s Republic of China: Standard Contractual Clauses for Export of Personal Information Were Officially Released

Mar 07 2023

China has promulgated a series of laws and regulations governing data protection, in particular data export in past years.

The People’s Republic of China (PRC) law currently provides three routes for data export, i.e., (1) Cybersecurity Administration of China (CAC) assessment, (2) certification (by professional institutions), and (3) standard contractual clauses (SCC). Depending on the nature and volume of data to be exported and the identity of the exporter, the exporter must pick at least one route in order to export data.

APAC: Managed Accounts and Conflicts – An Overview

Mar 07 2023

By Scott Peterman

Over the last 20 years, managed accounts have become increasingly popular. A managed account is a portfolio of securities managed by a single manager on behalf of a single investor. These special arrangements are especially popular among institutional investor seeking:

More control over investment decisions (positive or negative control; veto rights);
Access to institutional quality investment managers;
Direct ownership of underlying assets;
Better fee terms;
Longer investment horizons; and
Other considerations, such as Sharia compliance, special portfolio “tilts” such as ESG.

Archive:March 7, 2023