Corporate Governance

• New Rules on QFII Custodian Banks

  The State Administration of Foreign Exchange (SAFE) issued the QFII Foreign Exchange Operation Circular (the Circular) on September 9 2003. The Circular…

  October 31, 2003

• Beijing Municipality, Acquisition by Foreign Investors and Chinese Non-publicly Owned Economic Organizations of State-owned Industrial Enterprises Tentative Measures

  北京市关于境外投资者和境内非公有制经济组织并购国有工业企业暂行办法

  Promulgated: September 30 2003Applicability: The Measures apply to the transfer of all or part of the state-owned property rights of a state-owned enterprise…

  October 31, 2003

• Cash Flows and External Security: The CSRC Addresses Some Old Issues

  Cash flows between listed companies and the provision of external security by listed companies to related parties are issues that have been addressed in…

  October 31, 2003

• Shenzhen Stock Exchange, Investor Relations Administration of Listed Companies Guidelines

  深圳证券交易所上市公司投资者关系管理指引

  Issued: October 23 2003Applicability: "Investor relations administration" means listed companies using various activities to strengthen their communication…

  October 31, 2003

• Ministry of Finance, Financial Handling of Loss of Enterprise Assets Tentative Measures

  财政部企业资产损失财务处理暂行办法

  Promulgated: September 3 2003Effective: October 5 2003Main contents: The Measures define loss of assets as the real destruction of an enterprise's assets,…

  October 31, 2003

• Auto Finance Companies Finally Get the Green Light in China

  The China Banking Regulatory Commission (CBRC) promulgated the long-awaited Administration of Auto Finance Companies Procedures (the Procedures) on October 3 2003. The Procedures are seen as an important step towards the liberalization of China's automobile market.

  October 31, 2003

• Corporate Governance and Foreign Investment in China

  Corporate governance is no longer a foreign concept in China. The country has come a long way since all manufacturing entities were known simply as "factories",…

  October 31, 2003

• Issuing the Guidelines of Shanghai Municipality for Foreign Investment in Industry Circular

  关于发布上海市外商投资产业导向的通知

  A circular which provides guidelines on foreign investments in Shanghai and the relevant industries that are in line with the municipal government's plan.

  October 31, 2003

• Auto Finance Companies Finally Get the Green Light in China

  The China Banking Regulatory Commission (CBRC) promulgated the long-awaited Administration of Auto Finance Companies Procedures (the Procedures) on October 3 2003. The Procedures are seen as an important step towards the liberalization of China's automobile market.

  October 31, 2003

• The PRC/HK CEPA: What's on Offer for Hong Kong Law Firms?

  The quality of legal services is among the most attractive assets that Hong Kong can offer. How can Hong Kong's law firms and lawyers benefit from the new opportunities offered by the Mainland/Hong Kong Closer Economic Partnership Arrangement?

  October 31, 2003