The requirement on the number of full-time lawyers employed by Mainland law firms that operate in association with Hong Kong or Macao law firms is waived.
These measures impose further requirements on resident representative organizations in China of foreign insurance institutions, and facilitate the opening up of China's insurance market.
Detailed procedures for the establishment and dissolution of foreign-invested banks, scope and operation of renminbi business, and professional qualification requirements of some senior personnel are provided.
National LegislationACCOUNTINGCircular on Implementation of the (Enterprise Accounting Guidelines) by Securities Companies 关于证券公司执行《企业会计准则》的通知L3100/06.11.27(1)Circular…
Promulgated: September 17 2006Effective: September 19 2006Main contents: The Measures comprise:Part One: General ProvisionsPart Two: Inquiry and PricingPart…