All accounting files are subject to government procedures when domestic companies are listing overseas. Banks are categorized for capital management. Financial support is provided to housing rental market.
March 03, 2023
China Law News
Chinese state-owned enterprises urged to stop using Big Four due to data security concerns; small Chinese businesses to be subject to international data transfer requirements; and China encourages foreign investment in the real estate sector through private equity funds.
March 01, 2023Legislation roundup: Standard contracts for data transfer, real estate PE funds and overseas listing
CAC finalizes rules on standard contracts for overseas transfer of data. AMAC encourages foreign investment in private immovable property investment funds via QFLP. New listing rules cover indirect offshore listings of Chinese companies.
February 24, 2023New CSRC rules on overseas listing; China raises concerns over Ford gaining access to Chinese electric battery technology; and CSRC clarifies that it will not impose a blanket ban on mainland investors trading overseas stocks
February 22, 2023AMAC imposes more stringent record filing requirements for PE funds. Guangzhou lowers qualification requirement for foreign lawyers. Shenzhen issues the first regional regulations on cell and gene industry.
February 17, 2023China has imposed new regulations on PRC companies raising foreign mid-to-long-term debt; It also has introduced stricter measures on bank asset risk classification; and for the first time, it has granted a wholly foreign-owned securities firm permission to be established in China.
February 15, 2023MIIT removes network access licensing requirements for telecom equipment. Trust companies are classified to implement differential competition. NDRC eases costs for project biddin
February 10, 2023China's IPO reform expands the registration-based system to main boards; Australian court refuses to deny Chinese arbitral award on public policy grounds; and China allows 12 market makers in the bond market to boost liquidity.
February 07, 2023CSRC kicks off the registration-based IPO reform across securities trading boards. Data transfer restrictions may be eased for foreign R&D centers. SPC clarifies issues on criminal IP infringement.
February 02, 2023US Congress passes Act to protect American intellectual property; China plans measures to boost foreign investment centrally and locally; and deals in the life sciences sector are subject to strong CFIUS scrutiny.
February 02, 2023
