Corporate Governance

HKEX proposes stricter ESG, corporate governance disclosures and standards; PBOC tightens rules surrounding anti-money laundering, terrorist financing efforts by financial institutions; and NDRC furthers Hukou reform with latest directive

There are stricter rules on using the word “China” and its variants in an enterprise’s name

Guangdong court issues rules to facilitate bankruptcy cases

Applicants for administrative permission are required to expressly indicate the key confidentiality points

Unbundled consent, biometric data and personalized displays all feature in China's latest data protection specification

Listed companies may postpone their disclosure of annual reports in view of the coronavirus epidemic

Implementing Rules bring about new corporate structures

Bangwei Xu of Jingtian & Gongcheng analyzes the influence of a significant recent judicial interpretation on the protection of creditors’ rights in China

China scraps QFII quotas on foreign investment in capital markets; China and U.S. exchange goodwill gestures ahead of trade talks; CBIRC tightens regulation surrounding affiliate transactions in insurance sector; and surge in pork prices spark government scramble to increase production with subsidies

China announces six new FTZs targeting poorer regions and Belt and Road cooperation; central bank unveils three-year fintech development plan to accelerate innovation while curbing risks; new report warns foreign companies about corporate social credit's potential impact; and SAFE relaxes foreign currency conversion requirements across Shenzhen