Legislation roundup: Independent directors, mining, and science and technology ethics

April 17, 2023 | BY

Susan Mok

State Council issues opinions strengthening the independence of listed companies' independent directors. Methods for calculating proceed rates for mining right grants are revised to alleviate enterprises' burdens. Ethics reviews are required for science and technology activities.

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Corporate Governance

General Office of the State Council, Opinions on the Reform of the Independent Director System of Listed Companies

国务院办公厅关于上市公司独立董事制度改革的意见

Independent directors shall pay particular attention to potential material conflicts