Legal

Exit mechanism created for insurance companies.

These Measures govern the handling of renminbi settlement matters relating to foreign direct investment by banks.

National legislationBankingSupplementary Circular on Supporting Further Improvement of Financial Services for Small and Micro-enterprises by Commercial…

Increase in cross-border Rmb investments expected

Regulation of certification institutions strengthened.

The Circular liberalises the market entry conditions for, and scope of business of, wholly foreign-owned shipping companies.

The Measures set forth the conditions for a transferee of insurance business and the procedure for such transfer.

The Circular lists the circumstances under which cross-border direct investments in renminbi shall be submitted to the Ministry of Commerce for review.

CLP caught up with State Grid's Chief Legal Officer, Ling Li to discuss her legal team's function and gain insight on doing outbound transactions