These Tentative Measures strengthen the administration of overseas investment of insurance capital, and to protect the interests of involved parties, whilst at the same time further relaxing overseas investment of insurance capital.
This law aims to regulate futures trading, to protect parties involved in such trading, and to promote the development of the futures market. Part Two covers the establishment of futures exchanges, as approved by the State Council's futures regulatory authority. Part Three deals with the formation of futures companies. Part Four sets out the basic rules of futures trading. Part Five provides a self regulatory system for the futures industry. Parts Six and Seven are concerned with the checks and control system, and legal liability of violators.
Private equity experts say that despite several high-profile deals falling through, the market for such deals in China remains attractive. In a report…
Shanghai-based PRC firm Yuan Tai has appointed Hubert Tse, formerly of Chen & Co., as managing director and head of the firm's international business group.…