Personal Information Protection Commission Releases Guidelines Regarding Financial Sector

To any good lawyer, the answer is ‘both' are important.

The rise of social media combined with expanded opportunities for flexible work present new challenges for Japanese employers.

On November 6, the National Diet enacted the Basic Act of Cybersecurity (source document in Japanese) ("Basic Act").

What are the key e-commerce legal requirements that apply to B2B e-commerce in your jurisdiction (and which do not apply to non-e-commerce business)?

Cyber attacks and data breaches are skyrocketing around the world, as are the financial implications of these incidents. According to IBM Security's Cost of a Data Breach 2021 Report...

Data Privacy Comparative Guide for the jurisdiction of Japan, check out our comparative guides section to compare across multiple countries

This alert summarizes several legislative updates that have potentially far-reaching privacy implications for tech companies doing business in Japan.

On 11 October 2019, Japan started the process of discussing new legislation to be bought in to tighten controls on domestic and global giants in information technology, and protecting the privacy...

On July 17, the Personal Information Protection Commission of Japan and the European Commission issued a Joint Statement ...

Japan has enacted sweeping amendments to its Act on the Protection of Personal Information, introducing an administrative surcharge regime with monetary penalties for data protection violations, new protections for children under 16 and biometric data, and expanded exceptions for data utilization in statistical analysis and AI development. The reforms, which take effect in stages through 2028, fundamentally reshape Japan's privacy enforcement landscape by granting the Personal Information Protection Commiss

Companies are advised to confirm whether any changes should be made to their current practice of applying for patents and trademarks in light of the newly introduced procedures.

As outlined above, the Amendments will significantly tighten regulations on managers of funds marketed to Japanese investors.

On April 1, the Office of the Australian Information Commissioner updated the Australian Privacy Principles ("APP") Guidelines.

China's State Council recently published new merger control notification thresholds doubling the previous China revenue thresholds in an amended Regulation on Notification Thresholds for Concentrations of Business Operators (the "Regulation"), the first time since the Chinese Anti-Monopoly Law ("AML") came into effect in 2008.

On September 18, the Office of the Australian Information Commissioner ("Commissioner") and the Commonwealth Scientific and Industrial Research Organization's Data61 released...

Government Announces Bill For Mandatory Data Breach Notification Scheme

The Securities and Exchange Commission has proposed Regulation Crypto Assets, establishing exemptions from registration requirements for crypto asset offerings and creating a safe harbor mechanism for projects to transition out of securities law obligations. The regulation introduces a two-tiered framework with startup offerings up to $5 million and larger fundraising offerings up to $75 million, while providing tailored disclosure requirements and preempting state securities laws.

The GEM listing activities in Hong Kong have been declining since 2019, and there was no new listed issuer on the GEM in 2022.

On June 15, 2020, the Japanese government implemented new regulations that designate the manufacture of pharmaceuticals for infectious diseases and the manufacture ...

The most debated aspect during the consultation process was compliance with the retention requirements in the context of transactions where SPVs grant loans to entities other than individuals and microenterprises.