Uncertainties remain in China's AML
| BY
clpstaff &clp articlesLegal experts repeat calls for further clarification
Lawyers have welcomed certain changes made in the final version of the notification requirements on mergers but are disappointed at its lack of detail.
The new rules contain five articles, which is far less than the 19-article draft. According to the Kirstie Nicholson, Of counsel at Lovells, all of the provisions that contained further details about the practicalities on the notification process have been removed from the draft. The new rules now provide less guidance on filing process, she said.
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