China has imposed new regulations on PRC companies raising foreign mid-to-long-term debt; It also has introduced stricter measures on bank asset risk classification; and for the first time, it has granted a wholly foreign-owned securities firm permission to be established in China.
China's IPO reform expands the registration-based system to main boards; Australian court refuses to deny Chinese arbitral award on public policy grounds; and China allows 12 market makers in the bond market to boost liquidity.
2022 regulatory trends in China, including data protection, TMT, capital markets, PE/VC, IP, dispute resolution, healthcare, banking & finance, sanctions and antitrust.
The Guidelines on Green Finance for Banking and Insurance Industries promulgated by the China Banking and Insurance Regulatory Commission along with the amended Measures for the Regulatory Assessment of Corporate Governance of Banking and Insurance Institutions set out more comprehensive rules applicable to banking and insurance institutions, as part of China's broader transition to a sustainable and resilient economy.
China opens treasury bond futures to foreign bank; no protection for crypto investment; and ORFS bring Hong Kong in line with other major arbitration centers
U.S. gains full access to audits of Chinese companies; Fidelity targets China's mutual fund industry following the opening up of China's private pension industry; and China connects with Germany for overseas listings.
Jianwei Jerry Fang, Runyang Liu and Dianmeng Zhu of Zhong Lun Law Firm discuss the year's major legislative and judicial developments in civil and commercial dispute resolution in China.
First Chinese court decision recognizes NFT as virtual property; international commercial law standards take effect in Hong Kong; and China's private pension sector set for rapid growth
Banks may not transfer business data overseas without authorization.
New social credit draft law raises concerns for foreign companies; CSRC lifts ban on property M&A and refinancing; and U.K. government unwinds a completed transaction for the first time.
