Legislation roundup: Social insurance reduction, expected credit loss and integrity of intermediaries

June 02, 2022 | BY

Susan Mok

Social insurance reductions are extended to the manufacturing industry. Banks are required to apply the expected credit loss method. Securities, accounting and law firms shall strengthen their management of insider information.

Labor

Ministry of Human Resources and Social Security, National Development and Reform Commission, Ministry of Finance and State Taxation Administration, Circular on Issues Such as Expanding the Scope of Implementation of the Policy of Deferment of Payment of Social Insurance Premiums for a Period of Time

人力资源社会保障部、国家发展和改革委员会、 财政部、 国家税务总局关于扩大阶段性缓缴社会保险费政策实施范围等问题的通知

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