Sinolytics Regulatory Compliance
China has a unique approach to market governance, creating China-specific compliance risks for European companies. Sinolytics guides companies in understanding and preparing for the strategic and operational challenges, especially regarding China's Corporate Social Credit System and China's rapidly expanding Cybersecurity and Data Governance Regime.
Sinolytics helps clients to assess how well they are prepared to meet regulatory compliance requirements. Sinolytics experts identify and support implementation of required adjustments to ensure long-term compliance, avoiding costly sanctions. Sinolytics offers long-term management support, keeps your management systems up-to-date with requirement updates, and provides strategic advice in acute risk cases.
Sinolytics Regulatory Compliance entails
Targeted analysis of your compliance challenges and bilingual handbook with detailed requirements for you to work with
Gap Analysis/Risk assessment
Systematic comparison of government requirements against operations in your company to identify risk factors
Support for self-assessment filings
E.g. preparation of MLPS 2.0 or cross-border data transfer self-assessments
Design SOPs and Compliance Management Tools
SOPs for compliance risk detection, managing data flows, CSCS Rating Results dashboards, etc.
Supporting you to optimize your China IT strategy considering the impacts of China’s cybersecurity and data framework
Ad hoc risk mitigation support
Strategic advice and analysis of acute risk cases (e.g. mitigation measures in case of acute blacklisting risk)
Continuous reporting on regulatory developments and their impacts
Briefing & Trainings
Strategic briefings on intention, design and status of the CSCS/Cyber Regime