China Law News

The year's must-attend event for in-house legal counsel in the region, hosted by The American Lawyer and Legal Week at the One Farrer Hotel & Spa on Nov. 23

The “Permit and License Dissociation” reform has been expanded to the other 10 FTZs, the CSRC has tightened disclosure requirements on listed company M&A, the PBOC has set standards for sovereign bond underwriting syndicates, and Shanghai has offered incentives for foreign R&D centers

CIETAC has issued its first rules on international investment disputes, the CAC has tightened social media controls, LLPs have been added to accounting firm regulations, and the PBOC has issued two policy revisions to limit renminbi depreciation

The State Council has specified exit mechanisms for VC funds, authorities have jointly cracked down on virtual currency trading, and the PBOC has banned banks from issuing long-term interbank negotiable certificates of deposit

The SPC has clarified that shareholders can be held liable for divulging trade secrets, and the State Council has restricted outbound deals in real estate and hotel industries and substantially raised the threshold for establishing financing security companies

The CBRC has permitted banks to set up institutions that carry out debt-for-equity swaps, the State Council has made environmental impact assessment procedures simpler for construction projects, and Beijing has launched joint government and buyer-owned housing

MOFCOM has extended record filing to domestic M&A and strategic investments, the MIIT has streamlined application procedures for telecom licenses, the CIRC has tightened checks for insurance companies' affiliated transactions, and the State Council has encouraged the development of commercial old-age insurance products

The CAC has elaborated on the scope of "CII", 2017 Foreign Investment Catalogue has further facilitated FIE establishment, the PBOC has regulated bond connect credit ratings, and the SAT has clarified the preferential tax periods for HNTEs

The Shanghai Free Trade Zone has clarified foreign bank shareholder qualifications, PPP asset securitization has been encouraged, and the PBOC has confirmed that northbound trading of the Bond Connect is not without limits