Capital Markets

• China Securities Regulatory Commission, Measures for the Administration of the Record Filing of Overseas Offering of Securities and the Listing Thereof of Domestic Enterprises (Draft for Comments)

  中国证券监督管理委员会境内企业境外发行证券和上市备案管理办法 (征求意见稿)

  CSRC permits Chinese firms listing overseas with VIE structure.

  March 25, 2022

• In the News: Stock Settlement Fees; Zurich Stock Connect; and Carbon Data Fraud

  Stock clearing agency cuts stock settlement fees, extends support to COVID-hit regions; Three Chinese companies plan to sell depository receipts in Zurich; and MEE slams fraudulent carbon emissions data verification practices

  March 22, 2022

  

• China Securities Regulatory Commission, Measures for the Oversight of Directors, Supervisors, Senior Executives and Practitioners of Institutions Engaging in Securities and Fund Business

  中国证券监督管理委员会证券基金经营机构董事、监事、高级管理人员及从业人员监督管理办法

  CSRC issues new rules on qualifications of senior securities executives

  March 21, 2022

• In the News: Chinese Companies Face US Delisting; Financial Stability Fund; and Domestic Violence Reform

  SEC starts 3-year timer for delisting 5 Chinese companies; further measures for enhancing financial stability; stronger protection for victims of domestic violence

  March 14, 2022

  

• In the News: TMT Domestic Listings; Push Notification Rules; and Companies Profits Down

  TMT companies steering towards domestic stock markets for fundraising; CAC releases draft rules tightening scrutiny on push notifications, news content; and companies in China report continued pandemic hit, blame power shortages

  March 08, 2022

  

• In the News: Criminalization of Crypto-fundraising; Draft Delisting Rules; and China Initiative Ends

  Crypto-fundraising criminally outlawed; Delisting process to be streamlined and modernized; Controversial anti-spying initiative comes to an end

  March 01, 2022

  

• In the News: Interbank Bond Market Reforms; Tightening of Data Governance Rules; Stronger Enforcement against Private Tutoring

  Interbank bond market to see changes in subject bond requirements, documentation, risk management, and collateral; rules governing processors of "important and core data" are tightened; Ministry of Education aims to strengthen enforcement actions against non-compliance private tutoring institutions

  February 15, 2022

  

• People's Bank of China, China Banking and Insurance Regulatory Commission and China Securities Regulatory Commission, Measures for the Administration of Due Diligence on the Customers of Financial Institutions and Retention of Customer Identity Information and Transaction Records

  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金融机构客户尽职调查和客户身份资料及交易记录保存管理办法

  Financial institutions are given due diligence instructions on corporate customers

  February 12, 2022

• People's Bank of China, Ministry of Industry and Information Technology, Cyberspace Administration of China, China Banking and Insurance Regulatory Commission, China Securities Regulatory Commission, State Administration of Foreign Exchange and China National Intellectual Property Administration, Measures for the Administration of the Online Marketing of Financial Products (Draft for Comments)

  人民银行、工业和信息化部、国家互联网信息办公室、中国银行保险监督管理委员会、中国证券监督管理委员会、国家外汇管理局、国家知识产权局金融产品网络营销管理办法 (征求意见稿)

  Financial institutions shall bear management responsibilities when engaging third-party online marketers for their financial products

  February 12, 2022

• China Law & Practice Annual Review 2021

  2021 regulatory trends in China, including antitrust, data privacy, sanctions, healthcare, PE/VC, capital markets, IP, banking & finance, TMT and arbitration.

  February 09, 2022