Corporate Governance

• Recent Developments in the CSRC Filing Regime for Overseas Listing

  Na Wang and Yihui Liu, partners of Tian Yuan Law Firm, examine the Chinese securities regulator's key issues of concern with respect to overseas listings, and offer insights into the most recent regulatory trends

  April 21, 2024

  

• State Council, Provisions for the Implementation of the System for the Administration of the Registration of Registered Capital under the «PRC Company Law» (Draft for Comments)

  国务院关于实施《中华人民共和国公司法》注册资本登记管理制度的规定 (征求意见稿)

  Limited liability companies are required to have their capital contributions paid in full in five years.

  March 18, 2024

• In the News: US Updates Critical and Emerging Technologies List; US Congressional Report Says VC Firms Helped China; and Chinese Stock Exchanges Introduce ESG Disclosure Requirements

  Clean energy and data tech updated to U.S. critical and emerging tech list; U.S. House select committee reports that five venture capital funds have invested in the rise of China's key technology companies; and China's stock exchanges release first-ever guidelines on ESG disclosure

  February 23, 2024

  

• State Administration for Market Regulation, General Administration of Customs and the State Administration of Taxation, Guidelines for the Deregistration of Enterprises (Revised in 2023)

  国家市场监督管理总局、海关总署、国家税务总局关于企业注销指引 (2023年修订)

  Guidelines provide for the simplified deregistration procedure

  February 02, 2024

• In the News: US Corporate Transparency Act; China AI Regulations; and Generali Group Buys Generali China Insurance

  Entities doing business in the U.S. must report information about their beneficial ownership to FinCEN; China bans researchers for listing AI-generated content as a co-author of their papers; and Italian Generali conducts first-ever foreign insurance acquisition in China

  January 18, 2024

  

• In the News: China Restricts Export of AI Algorithms; JD Wins Anti-Monopoly Case Against Alibaba; and Criminal Law Revised

  China restricts export of personalized push services based on AI algorithms; JD.com wins anti-monopoly case with record damages; and China amends Criminal Law to increase punishment for corruption

  January 03, 2024

  

• In the News: The NDAA 2024 Provisions for China; China Amends Company Law to Regulate Shareholder Behavior; and China's Supreme People's Court Creates a Public Case Database

  The U.S. issues renewed national security legislation focusing on defense contracts with Chinese military companies; China amends its Company Law to strengthen the rights of shareholders; and China's top court set up a case database to standardize adjudication across the country.

  December 28, 2023

  

• In the News: Landmark Oppo v Nokia Patent Case Settled; Gotion Deal Scrutiny; and Apps' Illegal Collection of Personal Data

  Chinese court established the FRAND rate for 5G patents in Oppo v Nokia case; Regulator warns Gotion of failing to disclose conditions of its deal with Illinois; and Apps like Alibaba Marketplace and Taobao Alliance are violating data collection laws

  December 15, 2023

  

• In-House Insights: Managing a China-Focused Private Equity Firm

  Former China COO of Morgan Stanley compares the challenges of being a senior executive at a boutique private equity firm against that of a bulge bracket investment bank

  December 15, 2023

  

• In the News: State Secrets Law Amendments; Sequoia U.S. Probe; and Land Price Cap Scrapped

  China's proposed amendment of its state secrets law has alarmed foreign businesses; a U.S. Congressional committee will probe Sequoia over its China tech investments; and China will scrap its price cap on land sales to revive its property market

  October 25, 2023