November 10, 2008
Approval procedures for commercial FIEs streamlined.
Procedural obstacle cleared for increase of shareholding through Shanghai Stock Exchange.
Exchangeable bonds issued to solve problems of unloading non-tradable shares.
Affiliated transactions of insurance FIEs defined.
Government relaxes foreign investment in advertising enterprises.
MOFCOM delegates its FIE approval power to lower level departments.
CIRC monitors insurance company solvency through inspections.
The Guidelines set forth the requirements for engaging in the private equity investment trust business.
Luigi Bendi and Gianluca D'AgnoloChiomenti Studio [email protected], [email protected] company (Società di Capitali:…
The revised Provisions delegate some of the approval power concerning the establishment of foreign-invested advertising enterprises to provincial-level government departments.