Corporate Governance

• China Securities Regulatory Commission, Supplementary Provisions for the Pricing of Shares Issued for Material Asset Reorganisation of Listed Companies that are to Undergo Bankruptcy Restructuring

  中国证券监督管理委员会关于破产重整上市公司重大资产重组股份发行定价的补充规定

  Negotiation of share prices allowed for bankruptcy restructuring

  December 18, 2008

• China Securities Regulatory Commission, Tentative Provisions for the Examination and Approval of the Scope of Business of Securities Companies

  中国证券监督管理委员会证券公司业务范围审批暂行规定

  Securities companies allowed to apply for margin trading and short selling.

  December 18, 2008

• China Securities Regulatory Commission, Working Guidelines for the Filing of Changes of Shareholders of Securities Companies with Less than 5% of Equity

  中国证券监督管理委员会证券公司变更持有5％以下股权股东报备工作指引

  Limits on shareholding period of securities companies to prevent short-term speculation.

  December 18, 2008

• China Securities Regulatory Commission, Working Guidelines for the Review in Connection with Administrative Licensing of Securities Companies No.10: Review Requirements for Securities Companies' Share Capital Increase and Change of Shareholders and De Facto Controllers with 5% or More of Equity

  中国证券监督管理委员会证券公司行政许可审核工作指引第10号–证券公司增资扩股和变更持有5％以上股权的股东、实际控制人的审核要求

  Qualifications required for purchase of 5% or more of equity in a securities company.

  December 18, 2008

• China Insurance Regulatory Commission, Circular on Strengthening the Administration of Investment-type Insurance Business of Property Insurance Companies

  中国保险监督管理委员会关于加强财产保险公司投资型保险业务管理的通知

  Stricter criteria for sale of investment-type insurance by property insurance companies

  December 18, 2008

• Global trade compliance and corporate social responsibility

  Zhaokang JiangSandler, Travis & Rosenberg, [email protected] Asia, businesses have been benefiting from the globalisation of international trade…

  December 18, 2008

• New bankruptcy law faces severe test

  Lack of confidence will lead to alternative methods of resolution

  December 18, 2008

• Regional headquarters and inter-company loans

  Lin [email protected] municipality recently announced its Provisions on Encouraging the Establishment of Regional Headquarters…

  December 18, 2008

• Tentative Provisions for the Examination and Approval of the Scope of Business of Securities Companies

  证券公司业务范围审批暂行规定

  The Provisions allow securities companies to engage in margin trading and short sale of securities.

  December 18, 2008

• Circular on Matters Relevant to the Implementation of the «Provisions for the Administration of the Solvency of Insurance Companies»

  关于实施《保险公司偿付能力管理规定》有关事项的通知

  The Circular elaborates matters concerning the Provisions for the Administration of the Solvency of Insurance Companies.

  December 18, 2008