On 24 February 2023, the Cyber Administration of China ("CAC") issued measures containing a standard contract template for transfers of personal information, detailed guidelines including for a required impact assessment and a filing-requirement for transfers of personal information from China to other countries.

The Cyberspace Administration of China has issued a draft standard contract for cross-border transfers of personal information out of China which will, if adopted, constitute a valid transfer mechanism under the Chinese Personal Information Protection Law. Both the transferring entity and the overseas recipient must still be aware of additional data protection requirements related to cross-border transfers, including reporting requirements.

After several postponements, a new regulation applicable to vehicles comes into force on 1 October 2022 (the "Norwegian Car Regulation"). The new regulation implements the EU Regulations (EU) 2018/858 ("Motor Vehicle Regulation") and (EU) 2019/2144 ("General Safety Regulation") into Norwegian law. Among the changes are stricter requirements for approval of vehicles, and updated technical and safety requirements for vehicle type approvals.

The sweeping sanctions implemented against Russia give renewed relevance to the Chinese countermeasures to foreign companies with operations in China or doing business with Chinese counterparties. Companies should tread carefully to avoid falling foul of Chinese legislation.

For those who are interested in the Chinese offshore wind market, it is crucial to understand that the Chinese regulatory framework for this sector is complicated and comprehensive, covering the whole value chain.

Companies that operate internationally may often face demands for bilingual contracts in foreign jurisdictions.

Data Protection and GDPR

Contract Law and Construction

China

International Trade

Company Law

Specialist Counsel

Therese works primarily with M&A transactions and corporate legal advice, which often have cross-border aspects. She regularly assists funds and industrial players with acquisitions and mergers across industry sectors. Therese also has seven years of experience from China, and assists on corporate assignments, as well as compliance and regulatory assessments related to China.

Within M&A, Therese has extensive experience in leading due diligence processes, negotiations and drafting of transaction documents. She has experience from private equity transactions and related regulatory issues for the private equity industry.

She also assists Norwegian and Scandinavian industrial and technology companies with a China presence, as well as Chinese companies with a presence in Norway. Therese has experience from company establishment, regulatory affairs, and contractual agreements in China, and disputes arising from the same. On compliance matters, she assists companies with activities in China both with preventive work, training and whistle-blowing cases.

Therese is a board member of the Norwegian-Chinese Chamber of Commerce and is frequently used as a speaker at conferences and in other fora.

Oslo

{"title":{"title":"Therese Trulsen | Wikborg Rein"}}

Therese works primarily with M&A transactions and corporate legal advice, which often have cross-border aspects.

Therese Trulsen

Trainee at Hong Kong International Arbitration Centre