Publication | September 2018
Welcome to the tenth edition of Global asset management quarterly. This publication highlights key developments that will be of interest to and affect our asset management clients, including market trends and developments in tax and buy-side regulation globally. Previous editions of Global asset management quarterly together with our knowledge materials on asset management regulation more generally can be found on our Asset Management Regulation knowledge hub. Access to the hub is registration only, please contact Imogen Garner, Iona Wright or Simon Lovegrove.
On July 14, 2020, US President Donald Trump issued Executive Order 13936 (the “Order”), which authorizes the imposition of sanctions on additional persons determined to be involved in China’s new national security law (the “National Security Law”) and revokes Hong Kong’s preferential trade treatment.
The Chinese authorities have recently issued a series of relaxation legislation and policies to further encourage the development of the Chinese asset management sector.
On July 16, 2020, the Court of Justice of the European Union (CJEU) published its decision in the landmark case Data Protection Commissioner v Facebook Ireland Ltd, Maximilian Schrems and intervening parties, Case C-311/18 (known as the Schrems II case).
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