Law Digest

• China Insurance Regulatory Commission, Circular on Matters Relevant to Strengthening the Administration of Assumption Reinsurance Business of Property Insurance Companies

  中国保险监督管理委员会关于加强财产保险公司再保险分入业务管理有关事项的通知

  Property insurance companies required to establish a assumption reinsurance management system.

  November 10, 2014

• China Insurance Regulatory Commission, Circular on Matters Relevant to the Investment of Insurance Capital in Preference Shares

  中国保险监督管理委员会关于保险资金投资优先股有关事项的通知

  Insurance proceeds allowed to be invested in preference shares.

  November 10, 2014

• State Council, Decision on Provisionally Adjusting the Implementation of the Special Administrative Measures for Access Specified in Relevant Administrative Regulations and State Council Approved Ministerial Level Rules and Regulations in the China (Shanghai) Pilot Free Trade Zone

  国务院关于在中国（上海）自由贸易试验区内暂时调整实施有关行政法规和经国务院批准的部门规章规定的准入特别管理措施的决定

  More WOFEs are allowed in the Shanghai free trade zone.

  November 10, 2014

• State Administration of Foreign Exchange, Circular on Issues Relevant to Launching a Pilot Project for Reform of the Administration Method for the Settlement of the Foreign Exchange Registered Capital of Foreign-invested Enterprises in Certain Regions

  国家外汇管理局关于在部分地区开展外商投资企业外汇资本金结汇管理方式改革试点有关问题的通知

  FIEs allowed to convert their foreign exchange registered capital at their own discretion in pilot regions.

  November 10, 2014

• People's Bank of China and China Banking Regulatory Commission, Circular on Further Duly Carrying out Residential Financing Service Work

  中国人民银行、中国银行业监督管理委员会关于进一步做好住房金融服务工作的通知

  Policy relaxed on granting of the second housing mortgage loans.

  November 10, 2014

• PRC Administrative Procedure Law (Revised)

  中华人民共和国行政诉讼法 (修订)

  Administrative Procedure Law revised to facilitate the institution of legal actions against inappropriate government acts.

  November 10, 2014

• China Securities Regulatory Commission, Opinions on Further Promoting the Innovative Development of Futures Dealers

  中国证券监督管理委员会关于进一步推进期货经营机构创新发展的意见

  Foreign investors encouraged to invest in futures companies.

  November 10, 2014

• China Securities Regulatory Commission, Several Opinions on Reforming, Improving and Strictly Implementing the System for Delisting Listed Companies

  中国证券监督管理委员会关于改革完善并严格实施上市公司退市制度的若干意见

  CSRC sets out rules for voluntary delisting of listed companies.

  November 10, 2014

• Supreme People's Court and China Banking Regulatory Commission, Opinions on People's Courts and Banking Financial Institutions Carrying Out Online Enforcement and Surveillance and Joint Credit Disciplinary Work

  最高人民法院、中国银行业监督管理委员会关于人民法院与银行业金融机构开展网路执行查控和联合信用惩戒工作的意见

  Court order to freeze bank assets will be carried out more efficiently via networks.

  November 10, 2014

• General Office of the China Banking Regulatory Commission, General Office of the Ministry of Finance and General Office of the People's Bank of China, Circular on Matters Relevant to Strengthening the Administration of the Deposit Deviation Ratio of Commercial Banks

  中国银监会办公厅、财政部办公厅、人民银行办公厅关於加强商业银行存款偏离度管理

  Banks can no longer offer last minute interest rate increases to attract deposits.

  November 10, 2014