Legislation

• China Securities Regulatory Commission, Guidelines for the Governance of Listed Companies

  中国证券监督管理委员会上市公司治理准则

  Institutional investors are encouraged to participate in corporate governance

  December 12, 2018

• Cyberspace Administration of China, Provisions for the Administration of Blockchain Information Services (Draft for Comments)

  国家互联网信息办公室区块链信息服务管理规定 (征求意见稿)

  Issued: October 19, 2018Main contents: Within 10 workings days from the date on which it commences providing services, a blockchain information service…

  December 12, 2018

• PRC Stamp Tax Law (Draft for Comments)

  中华人民共和国印花税法 (征求意见稿)

  Issued: November 1, 2018Main contents: With respect to a tax payment receipt provided in connection with the assignment or lease of residential premises,…

  December 12, 2018

• Ministry of Finance and State Administration of Taxation, Circular on the Policy for Enterprise Income Tax and Value-added Tax on Investments in the Domestic Bond Market by Foreign Organizations

  财政部、税务总局关于境外机构投资境内债券市场企业所得税增值税政策的通知

  Foreign investors are offered tax exemption for bond investments

  December 12, 2018

• China Securities Regulatory Commission, Guidelines for Contents and Formats for Information Disclosure by Companies That Offer Securities to the Public (No.26) – Material Asset Restructurings of Listed Companies (Revised in 2018)

  中国证券监督管理委员会公开发行证券的公司信息披露内容与格式准则 第26号——上市公司重大资产重组 (2018年修订)

  Information disclosure of listed company restructurings is simplified

  December 12, 2018

• General Office of the National Development and Reform Commission, General Office of the People's Bank of China, General Office of the Ministry of Finance, General Office of the China Banking and Insurance Regulatory Commission and General Office of the China Securities Regulatory Commission, Circular on Encouraging Relevant Institutions to Participate in Market-oriented Debt-for-equity Swaps

  国家发展和改革委员会办公厅、中国人民银行办公厅、财政部办公厅、中国银行保险监督管理委员会办公厅、中国证券监督管理委员会办公厅关于鼓励相关机构参与市场化债转股的通知

  Foreign investors are encouraged to engage in debt-for-equity swaps

  December 12, 2018

• People's Bank of China, Ministry of Finance and China Banking and Insurance Regulatory Commission, Circular on Launching Over-the-Counter Business for Local Government Bonds on the National Interbank Bond Market

  中国人民银行、财政部、中国银行保险监督管理委员会关于在全国银行间债券市场开展地方政府债券柜台业务的通知

  Local government bonds are offered to individual investors

  December 12, 2018

• PRC Individual Income Tax Law (7th Revision)

  中华人民共和国个人所得税法（第七次修正）

  New residency provisions apply to individual income tax

  December 12, 2018

• People's Bank of China, China Banking and Insurance Regulatory Commission and China Securities Regulatory Commission, Guiding Opinions on Improving the Regulation of Systemically Important Financial Institutions

  中国人民银行、中国银行保险监督管理委员会、中国证券监督管理委员会关于完善系统重要性金融机构监管的指导意见

  China defines systemically important financial institutions

  December 05, 2018

• PRC Electronic Commerce Law

  中华人民共和国电子商务法

  An e-commerce platform operator may bear joint and several liability for sub-standard goods

  December 05, 2018