Pension reform in China has been high on the government's agenda for many years. Issues such as providing for an aging population and generating the institutional capital that can be reinvested in the economy will be discussed in this feature.
The Opinions acknowledge the significance of vigorously development in the capital markets, outline reform ideologies, and provide directions for future liberalization.
The Circular provides eight qualifications that a listed parent company must meet, and adopts a mechanism to ensure the independent listing status and continuous profitability of the listed parent company after the spin-off.
New rules have been promulgated by the China Banking Regulatory Commission to oversee group finance companies. The regulatory body retains its assertive role in the finance sector.
Issued: June 15 2004Effective: July 1 2004Applicability: Where a fund of which shares of the fund are publicly sold, and record filing procedures are lawfully…
Issued: June 15 2004Effective: July 1 2004Applicability: Where a fund of which shares of the fund are publicly sold, and record filing procedures are lawfully…