Legislation Digesthttp://www.chinalawandpractice.com/RSS.aspx?FeedID=446©2010 China Law & Practice60Legislation DigestChina Banking Regulatory Commission, Circular on Matters Relevant to Regulation of the Cooperation Between Banks and Trust Companies on Wealth Management BusinessCo-wealth management business between banks and trust companies now being controlled.http://www.chinalawandpractice.com/Article/2660706/China-Banking-Regulatory-Commission-Circular-on-Matters-Relevant-to-Regulation-of-the-Cooperation.htmlFri, 03 Sep 2010 00:00:00 GMTMinistry of Commerce, Tentative Provisions for the Implementation of Asset or Business Divestitures of Concentrations of Business OperatorsMofcom lays down specific rules for the divestiture remedy for anti-monopoly restrictions.http://www.chinalawandpractice.com/Article/2660713/Ministry-of-Commerce-Tentative-Provisions-for-the-Implementation-of-Asset-or-Business-Divestitures-of.htmlFri, 03 Sep 2010 00:00:00 GMTState Administration of Foreign Exchange, Circular on Issues Concerning the Administration of the Provision of Security to Foreign Parties by Organisations in ChinaRelaxation on foreign security benefits outbound investment.http://www.chinalawandpractice.com/Article/2660724/State-Administration-of-Foreign-Exchange-Circular-on-Issues-Concerning-the-Administration-of-the.htmlFri, 03 Sep 2010 00:00:00 GMTState Administration of Foreign Exchange, Circular on Issues Relevant to Foreign Exchange Control in Connection with Overseas Direct Investment of Banks in ChinaBanks included in the regulation of overseas direct investment.http://www.chinalawandpractice.com/Article/2660739/State-Administration-of-Foreign-Exchange-Circular-on-Issues-Relevant-to-Foreign-Exchange-Control-in.htmlFri, 03 Sep 2010 00:00:00 GMTChina Insurance Regulatory Commission, Provisions for the Administration of the Reinsurance BusinessPolicy to level investment field for foreign insurers.http://www.chinalawandpractice.com/Article/2660740/China-Insurance-Regulatory-Commission-Provisions-for-the-Administration-of-the-Reinsurance-Business.htmlFri, 03 Sep 2010 00:00:00 GMTChina Insurance Regulatory Commission, Circular on the Engagement in Interest Rate Swaps by Insurance InstitutionsAll insurance institutions allowed to conduct interest rate swaps.http://www.chinalawandpractice.com/Article/2660742/China-Insurance-Regulatory-Commission-Circular-on-the-Engagement-in-Interest-Rate-Swaps-by-Insurance.htmlFri, 03 Sep 2010 00:00:00 GMTChina Insurance Regulatory Commission, Basic Guidelines for Internal Controls of Insurance CompaniesIndependent third parties may be appointed to evaluate internal controls of insurance companies.http://www.chinalawandpractice.com/Article/2660758/China-Insurance-Regulatory-Commission-Basic-Guidelines-for-Internal-Controls-of-Insurance-Companies.htmlFri, 03 Sep 2010 00:00:00 GMTState Administration of Taxation, Supplementary Circular on Issues Relevant to the «Measures for the Administration of the Treatment for Which Non-tax-residents are Eligible Under Tax Agreements (Trial Implementation)»Procedural clarification made for preferential tax treatment for non-tax-residents.http://www.chinalawandpractice.com/Article/2660825/State-Administration-of-Taxation-Supplementary-Circular-on-Issues-Relevant-to-the-Measures-for-the.htmlFri, 03 Sep 2010 00:00:00 GMTState Administration of Taxation, Notice on Income Tax Treatment Issues Concerning Losses from Enterprise Equity InvestmentNotice stipulating one-off deduction of equity investment losses.http://www.chinalawandpractice.com/Article/2660835/State-Administration-of-Taxation-Notice-on-Income-Tax-Treatment-Issues-Concerning-Losses-from.htmlFri, 03 Sep 2010 00:00:00 GMTState Administration of Taxation, Circular on Business Tax Issues Concerning International Telecommunications ServicesCircular issued to clarify telecom business tax issues.http://www.chinalawandpractice.com/Article/2660838/State-Administration-of-Taxation-Circular-on-Business-Tax-Issues-Concerning-International.htmlFri, 03 Sep 2010 00:00:00 GMTShenzhen City, Several Provisions on Promoting the Development of the Equity Investment Fund SectorShenzhen encourages private equity investment.http://www.chinalawandpractice.com/Article/2660841/Shenzhen-City-Several-Provisions-on-Promoting-the-Development-of-the-Equity-Investment-Fund-Sector.htmlFri, 03 Sep 2010 00:00:00 GMTOther Recent Legislation for This Month http://www.chinalawandpractice.com/Article/2660842/Other-Recent-Legislation-for-This-Month.htmlFri, 03 Sep 2010 00:00:00 GMT