By Alex Maschmedt & Rebecca Searle King & Wood Mallesons’ Melbourne office.

As driverless vehicles become more sophisticated and their economic and societal benefits become more widely accepted, competition is heating up between Australia’s State Governments (which are responsible for setting road rules and managing road infrastructure) to attract trials of driverless vehicles on their roads.

If you are developing Autonomous Vehicle technology or infrastructure, or looking to apply it in your business, the success of implementation will rest heavily on your (and your supplier’s) ability to test this piece of innovation. Understanding the legislative regimes that apply to testing in Australia will help you to make sure your tests are compliant and you can maximise the benefits of that testing. 
Continue Reading Driverless vehicle trial legislation – state-by-state

By Wu Qing King & Wood Mallesons’ Commercial & Regulatory group

金杜律师事务所作为Thomson Reuters环境法板块中国地区唯一合作律所,2016、2017、2018连续三年为其提供 “Environmental law and practice in China: overview”(下称“Q&A Guide”)。Q&A  Guide是一份专门针对中国环境法律的指引,提供了对中国环境法律的高度概览,并且介绍了主要的环境实务问题,包括大气和水污染物排放,环境影响评价,固体废物和危险废物,土壤污染,以及交易中的环境问题等。金杜律师事务所每年都会结合最新出台的环境法律及环境监管趋势等内容,对Q&A Guide作出更新。目前2017/2018年度的Q&A Guide已更新,将以专题形式定期在金杜说法平台进行推送,旨在为企业提供对中国环境法律体系及实务的全方位指引。
Continue Reading Q&A: Environmental NGOs

By Wu Qing King & Wood Mallesons’ Commercial & Regulatory group

金杜律师事务所作为Thomson Reuters环境法板块中国地区唯一合作律所,2016、2017、2018连续三年为其提供 “Environmental law and practice in China: overview”(下称“Q&A Guide”)。Q&A  Guide是一份专门针对中国环境法律的指引,提供了对中国环境法律的高度概览,并且介绍了主要的环境实务问题,包括大气和水污染物排放,环境影响评价,固体废物和危险废物,土壤污染,以及交易中的环境问题等。金杜律师事务所每年都会结合最新出台的环境法律及环境监管趋势等内容,对Q&A Guide作出更新。目前2017/2018年度的Q&A Guide已更新,将以专题形式定期在金杜说法平台进行推送,旨在为企业提供对中国环境法律体系及实务的全方位指引。
Continue Reading Q&A: Regulatory enforcement

By Mark Schaub King & Wood Mallesons’ Corporate group

Why is China Relevant for International Companies?

China will be too big for international autonomous car suppliers and service providers to ignore. Biggest automotive market, continued strong growth, right infrastructure, ability for government to implement, early adopter consumers, popularity of car sharing and sharing economy, new and innovative companies on the rise all point to China being pivotal to the development of autonomous cars.
Continue Reading Foreign Investment in China’s Self-Driving Car Sector

By Richard Mazzochi, Minny Siu and Urszula McCormack King & Wood Mallesons’ Hong Kong office.

On 6 February 2018, the Hong Kong Monetary Authority (“HKMA”) published a revised Guideline on Authorization of Virtual Banks (“Guideline”). The Guideline sets out principles that the HKMA will consider when deciding whether to authorise virtual banks to conduct banking business in Hong Kong.
Continue Reading Virtual banking in Hong Kong and China

By Wu Qing King & Wood Mallesons’ Commercial & Regulatory group

金杜律师事务所作为Thomson Reuters环境法板块中国地区唯一合作律所,2016、2017、2018连续三年为其提供 “Environmental law and practice in China: overview”(下称“Q&A Guide”)。Q&A  Guide是一份专门针对中国环境法律的指引,提供了对中国环境法律的高度概览,并且介绍了主要的环境实务问题,包括大气和水污染物排放,环境影响评价,固体废物和危险废物,土壤污染,以及交易中的环境问题等。金杜律师事务所每年都会结合最新出台的环境法律及环境监管趋势等内容,对Q&A Guide作出更新。目前2017/2018年度的Q&A Guide已更新,将以专题形式定期在金杜说法平台进行推送,旨在为企业提供对中国环境法律体系及实务的全方位指引。
Continue Reading Q&A: Regulatory enforcement

By King & Wood Mallesons

Beijing Shenogen Pharma Group (“Shenogen”) raised RMB287.5 million (USD45.63 million) in its E1 round financing, which was closed on August 31, 2017, to support the development of SNG-162 (Icaritin). This round of investment was led by China Life AMP Asset Management Co., Ltd. 
Continue Reading King & Wood Mallesons and Heyi advise cancer drug developer Shenogen on its E1 round financing

By Wu Qing King & Wood Mallesons’ Commercial & Regulatory group

编者按:

金杜律师事务所作为Thomson Reuters环境法板块中国地区唯一合作律所,2016、2017、2018连续三年为其提供 “Environmental law and practice in China: overview”(下称“Q&A Guide”)。Q&A  Guide是一份专门针对中国环境法律的指引,提供了对中国环境法律的高度概览,并且介绍了主要的环境实务问题,包括大气和水污染物排放,环境影响评价,固体废物和危险废物,土壤污染,以及交易中的环境问题等。金杜律师事务所每年都会结合最新出台的环境法律及环境监管趋势等内容,对Q&A Guide作出更新。目前2017/2018年度的Q&A Guide已更新,将以专题形式定期在“金杜研究院”平台进行推送,旨在为企业提供对中国环境法律体系及实务的全方位指引。
Continue Reading Q&A: Environmental regulatory framework

By Jonathan Grant, Wang Kaiding, Intan Eow and Boer Ma King & Wood Mallesons

In China’s push to create an open yet orderly economy, the National Development and Reform Commission (NDRC) has issued new rules on Chinese outbound investments, effective from 1 March 2018.

In an attempt to refine the rules following the Chinese government’s tightening of capital controls last year which affected the majority of Chinese outbound investments, the new Administrative Measures for Enterprise Outbound Investment (Regulation No.11) provide for clearer and more streamlined regulation of Chinese outbound investments, but also place more scrutiny on investments that may be contrary to China’s economic policies.  
Continue Reading Refining the NDRC rules on Chinese outbound investments