December 18, 2008
Criteria for assessing solvency of insurance companies elaborated
Companies urged to embrace ethical practices
IPO sponsors required to keep working drafts.
Negotiation of share prices allowed for bankruptcy restructuring
Securities companies allowed to apply for margin trading and short selling.
Limits on shareholding period of securities companies to prevent short-term speculation.
Qualifications required for purchase of 5% or more of equity in a securities company.
Stricter criteria for sale of investment-type insurance by property insurance companies
Zhaokang JiangSandler, Travis & Rosenberg, [email protected] Asia, businesses have been benefiting from the globalisation of international trade…
Lack of confidence will lead to alternative methods of resolution