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Deep synthesis (“DS”) technology is a widely used application in the field of artificial intelligence (“AI”) and a variety of scenarios, particularly in audio and video production, media communication and information services. For instance, using AI technology to “resurrect” dead people on digital gadgets is becoming a business as shown during the Qingming Festival in 2024.[1] But whether the technology and related business…

Introduction

The primary objective of insurance law across jurisdictions is to balance the interests of policyholders, insureds, and insurers. However, the inherent complexity and standardization of insurance contracts, often drafted unilaterally by insurers, pose challenges for policyholders who may lack the expertise to fully comprehend their terms.

Insurance contracts are typically contracts of adhesion, where…

Multinational enterprises adeptly allocate insurance resources on a global scale. However, China’s laws and regulations impose restrictions on overseas insurance arrangements, requiring policyholders to navigate regulatory compliance challenges, particularly in insurance and foreign exchange regulation, when selecting coverage for their Chinese subsidiaries. Drawing on practical experience, this article examines the insurance and foreign exchange regulation…

In recent years, the AnJie Broad insurance team has handled several arbitration cases in the United States, the United Kingdom, and other jurisdictions involving reinsurance contract disputes, all of which concerned situations where Chinese companies, acting as reinsurers, assumed risks from overseas. Owing to the technical complexity inherent in international reinsurance business—often compounded by excessively…

Introduction

In the digital age, data is a vital asset, and its security is of the utmost importance, particularly within the financial services industry which is relied on by all levels of society.

The National Financial Regulatory Administration (“NFRA”) has introduced the Measures for Data Security Management of Banking and Insurance Institutions (“2024 FinSec Measures”;…

A Note providing an overview of the legal framework governing AI ethics in China. The Note examines the role of governmental and non-governmental organisations, addresses key ethical issues such as privacy, transparency, bias, and accountability, and discusses China’s participation in global AI governance initiatives. It covers professional responsibility in AI development, AI-induced negligence, and challenges…

Voluntary deregistration of a company in China is a rigorous process that involves multiple steps and requires adherence to detailed legal provisions. Beyond the statutes, understanding practical implementation nuances is crucial for navigating the procedure effectively. This guide provides a detailed overview of the legal framework, procedural steps, special provisions for foreign-invested enterprises (FIEs), challenges,…