{"id":46932,"date":"2022-09-21T00:00:27","date_gmt":"2022-09-21T00:00:27","guid":{"rendered":"https:\/\/asiallians.com\/?p=46932"},"modified":"2022-09-22T03:49:59","modified_gmt":"2022-09-22T03:49:59","slug":"e-commerce-new-law-released-in-china-to-crack-down-telecom-and-online-fraud","status":"publish","type":"post","link":"https:\/\/asiallians.com\/en\/e-commerce-new-law-released-in-china-to-crack-down-telecom-and-online-fraud\/","title":{"rendered":"E-Commerce: New Law Released in China to Crack Down Telecom and Online Fraud"},"content":{"rendered":"<p>[vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;full_width&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; padding_top=&#8221;50&#8243;][vc_column][vc_column_text]<\/p>\n<h3 class=\"size-24\" lang=\"x-size-24\">1. E-Commerce: New Law Released in China to Crack Down Telecom and Online Fraud<\/h3>\n<p>[\/vc_column_text][vc_column_text]The Anti-Telecom and Online Fraud Law of the People&#8217;s Republic of China (the \u201cLaw\u201d) has been promulgated and shall become effective from December 1, 2022. The Law sends a signal of China\u2019s strict control over the telecom and online fraud,<sup>1<\/sup> imposing heavier punishment on scammers who cheat people to remit money by means of phones, text messages, or the internet. In addition to the heavier punishment on scammers, we would like to draw your attention of the following highlights in the Law.<\/p>\n<p><strong>(1) Overseas organizations\/individuals are within the scope of the Law\u00a0<\/strong><\/p>\n<p>Telecom and online fraud refers to the behavior of fraudulently obtaining any public or private property in a <strong>remote<\/strong> or<strong> non-contact <\/strong>manner by means of telecom and network technologies for the purpose of illegal possession.<sup>2<\/sup><\/p>\n<p>The Law shall apply to telecom and online fraud activities carried out <strong>within the territory of China<\/strong> or those <strong>carried out by citizens of China overseas<\/strong>. The Law also apply to <strong>overseas organizations and individuals<\/strong> who provide others with product, service, or other assistances for carrying out telecom and online fraud activities within the territory of China.<sup>3<\/sup><\/p>\n<p><strong>(2) Strict Control on Bank Accounts\u00a0<\/strong><\/p>\n<p><img loading=\"lazy\" class=\"alignnone size-large wp-image-46935\" src=\"https:\/\/asiallians.com\/wp-content\/uploads\/2022\/09\/Screen-Shot-2022-09-18-at-8.58.37-PM-1024x716.png\" alt=\"\" width=\"1024\" height=\"716\" srcset=\"https:\/\/asiallians.com\/wp-content\/uploads\/2022\/09\/Screen-Shot-2022-09-18-at-8.58.37-PM-1024x716.png 1024w, https:\/\/asiallians.com\/wp-content\/uploads\/2022\/09\/Screen-Shot-2022-09-18-at-8.58.37-PM-300x210.png 300w, https:\/\/asiallians.com\/wp-content\/uploads\/2022\/09\/Screen-Shot-2022-09-18-at-8.58.37-PM-768x537.png 768w, https:\/\/asiallians.com\/wp-content\/uploads\/2022\/09\/Screen-Shot-2022-09-18-at-8.58.37-PM-700x489.png 700w, https:\/\/asiallians.com\/wp-content\/uploads\/2022\/09\/Screen-Shot-2022-09-18-at-8.58.37-PM.png 1162w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p><strong>(3) Strict Control on Phone Card\u00a0<\/strong><\/p>\n<p><img loading=\"lazy\" class=\"alignnone size-large wp-image-46939\" src=\"https:\/\/asiallians.com\/wp-content\/uploads\/2022\/09\/Screen-Shot-2022-09-18-at-8.58.45-PM-1024x719.png\" alt=\"\" width=\"1024\" height=\"719\" srcset=\"https:\/\/asiallians.com\/wp-content\/uploads\/2022\/09\/Screen-Shot-2022-09-18-at-8.58.45-PM-1024x719.png 1024w, https:\/\/asiallians.com\/wp-content\/uploads\/2022\/09\/Screen-Shot-2022-09-18-at-8.58.45-PM-300x211.png 300w, https:\/\/asiallians.com\/wp-content\/uploads\/2022\/09\/Screen-Shot-2022-09-18-at-8.58.45-PM-768x539.png 768w, https:\/\/asiallians.com\/wp-content\/uploads\/2022\/09\/Screen-Shot-2022-09-18-at-8.58.45-PM-700x491.png 700w, https:\/\/asiallians.com\/wp-content\/uploads\/2022\/09\/Screen-Shot-2022-09-18-at-8.58.45-PM.png 1160w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p>(<a href=\"https:\/\/kevinwoodesigns.createsend1.com\/t\/d-l-fuhikkt-l-y\/\">http:\/\/www.npc.gov.cn\/npc\/c30834\/202209\/599ff6e51f8341c79d3908ca35258043.shtml<\/a>)[\/vc_column_text][vc_separator type=&#8221;transparent&#8221; thickness=&#8221;50&#8243;][\/vc_column][\/vc_row][vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;full_width&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221;][vc_column][vc_column_text]<\/p>\n<h3 class=\"size-24\" lang=\"x-size-24\">2. E-health Law: Measures for the Supervision and Administration of Online Drug Sales Clarified<\/h3>\n<p>[\/vc_column_text][vc_column_text]The State Administration for Market Regulation has issued the Measures for the Supervision and Administration of Online Drug Sales (the &#8220;Measures&#8221;), with effect on December 1, 2022. The special obligations for online drug sellers and the corresponding legal liability are as follows:<\/p>\n<p><img loading=\"lazy\" class=\"alignnone size-large wp-image-46943\" src=\"https:\/\/asiallians.com\/wp-content\/uploads\/2022\/09\/Screen-Shot-2022-09-18-at-8.58.55-PM-807x1024.png\" alt=\"\" width=\"807\" height=\"1024\" srcset=\"https:\/\/asiallians.com\/wp-content\/uploads\/2022\/09\/Screen-Shot-2022-09-18-at-8.58.55-PM-807x1024.png 807w, https:\/\/asiallians.com\/wp-content\/uploads\/2022\/09\/Screen-Shot-2022-09-18-at-8.58.55-PM-236x300.png 236w, https:\/\/asiallians.com\/wp-content\/uploads\/2022\/09\/Screen-Shot-2022-09-18-at-8.58.55-PM-768x974.png 768w, https:\/\/asiallians.com\/wp-content\/uploads\/2022\/09\/Screen-Shot-2022-09-18-at-8.58.55-PM-700x888.png 700w, https:\/\/asiallians.com\/wp-content\/uploads\/2022\/09\/Screen-Shot-2022-09-18-at-8.58.55-PM.png 1094w\" sizes=\"(max-width: 807px) 100vw, 807px\" \/><\/p>\n<p>(<a href=\"https:\/\/kevinwoodesigns.createsend1.com\/t\/d-l-fuhikkt-l-j\/\">https:\/\/gkml.samr.gov.cn\/nsjg\/fgs\/202209\/t20220901_349742.html<\/a>)<\/p>\n<p>Should you need to know more details, please reach us at <a href=\"mailto:asialians@asiallians.com\">asialians@asiallians.com<\/a>.[\/vc_column_text][vc_separator type=&#8221;transparent&#8221; thickness=&#8221;50&#8243;][\/vc_column][\/vc_row][vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;full_width&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221;][vc_column][vc_separator type=&#8221;normal&#8221; thickness=&#8221;1&#8243; up=&#8221;50&#8243; down=&#8221;50&#8243;][vc_column_text]<\/p>\n<div class=\"layout__inner\">\n<div class=\"column\">\n<div>\n<div>\n<p class=\"size-12\" lang=\"x-size-12\">1 Article 2 of the Law<br \/>\n2 Article 2 of the Law<br \/>\n3 Article 3 of the Law<br \/>\n4 Article 15 of the Law<br \/>\n5 Article 40 of the Law<br \/>\n6 Article 16 of the Law. However, detailed legislation will be released soon to define how many bank accounts a company\/an individual can open.<br \/>\n7 Article 31 of the Law<br \/>\n8 Article 31 and 44 of the Law<br \/>\n9 Article 15 of the Law<br \/>\n10 Article 40 of the Law<br \/>\n11 Article 10 of the Law. However, detailed legislation will be released soon to define how many phone cards a company\/an individual can open.<br \/>\n12 Article 31 of the Law<br \/>\n13 Article 31 and 44 of the Law<br \/>\n14 Article 9 of the Measures<br \/>\n15 Article 34 of the Measures<br \/>\n16 Article 13 of the Measures<br \/>\n17 Article 36 of the Measures<br \/>\n18 Article 14 and 15 of the Measures<br \/>\n19 Article 37 of the Measures and Article 126 of the Drug Administration Law<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>[\/vc_column_text][vc_separator type=&#8221;transparent&#8221; thickness=&#8221;50&#8243;][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On November 11th, 2015, the sales volume of Taobao (a B2C platform owned by Alibaba Group) reached CNY 91.2 billion (around 14 billion USD), with around 680 million online deals completed and the packages delivered all across the country.<\/p>\n","protected":false},"author":5,"featured_media":46757,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[166],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<meta name=\"description\" content=\"The FSC released new MLP 2018~2020 for Corporate Governance; 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