K2 Integrity recently spoke with Thomson Reuters Regulatory Intelligence concerning a new law passed in China to counter foreign sanctions. The article, “In Wake of China Counter-Sanctions Law, Banks Should Be Contingency Planning, Experts Say” (25 June 2021), notes that though there is some vagueness in when or how the Chinese government may implement their counter to foreign sanctions, financial institutions should seek to update their programs.
Read the full article on Thomson Reuters Regulatory Intelligence (registration may be required).