Explained European Union
In a speech on 6 October 2026, ECB Executive Board Member Piero Cipollone outlined the Eurosystem's strategy to extend central bank money into retail and wholesale digital finance while preserving the two-tier banking model.
Legal Update Cross-Border
At its recent meeting, the WTO General Council reviewed progress on WTO institutional reform, dispute settlement, interim arrangements for the Agreement on Electronic Commerce, and the Investment Facilitation for Development Agreement ahead of MC15.
Legal Update Cross-Border Hong Kong SAR
The Hong Kong Monetary Authority and Bank Negara Malaysia held a high-level meeting in Hong Kong on October 2, 2026, agreeing to strengthen collaboration across fintech, compliant stablecoin use cases, cross-border payment links, local…
Explained European Union
The European Commission released a Questions and Answers document in Brussels regarding the new Standardisation Regulation, defining standards as technical documents that set specifications for products, services, or processes.
Legal Update European Union
The French Data Protection Authority (CNIL) imposed a EUR 500,000 fine on Hôpital Privé de la Loire for security deficiencies under Article 32 GDPR and failure to notify over 200,000 affected third parties under…
Legal Update ChinaCross-Border
At a September 17, 2026 press conference, China's Ministry of Commerce (MOFCOM) stated that Chinese and U.S. economic and trade teams maintain close communication regarding a proposed USD 30 billion reciprocal tariff reduction arrangement.
Legal Update China
The State Council of mainland China has released a circular outlining its national fitness policy framework for the 15th Five-Year Plan period (2026–2030), setting key quantitative infrastructure targets and encouraging artificial intelligence integration.
Explained China
The General Administration of Customs (GACC) outlines mandatory customs declaration rules for passengers entering or leaving China Customs territory, defining channel selection obligations, inspection powers, and the legal standards for 'personal use' and 'reasonable…
Legal Update European Union
The European Banking Authority has published an updated list of validation rules for its quarterly supervisory reporting frameworks, deactivating inaccurate rules and reactivating others while integrating rules directly into taxonomy and DPM 2.0.
Legal Update China
The State Council of the PRC has designated Weifang City in Shandong Province as a national historical and cultural city, establishing protective rules and regulatory mandates for urban development and cultural heritage preservation.
Explained China
The General Administration of Customs provides regulatory guidance on personal postal articles, detailing value ceilings, duty-free thresholds, and permit requirements for cross-border mail sent to and from mainland China.
Explained China
The General Administration of Customs of the People's Republic of China outlines customs clearance procedures and document requirements for unaccompanied baggage belonging to long-term non-resident passengers, individuals settling down in China, and Chinese resident…