Repealing its 1999 predecessor, the new Procedures improves upon the 'foreign insurance institutions' definition, administrative examination and approval, and prudential regulations.
China is trying to make a new start in supervised derivatives trading since the freewheeling and risky practices that characterized the derivatives market in the 1990s.
China is trying to make a new start in supervised derivatives trading since the freewheeling and risky practices that characterized the derivatives market in the 1990s.
The Ministry of Commerce recently issued new rules on foreign-invested holding companies. The business scope of holding companies has been widened, although some important areas of the new provisions need clarification.
Repealing its 1999 predecessor, the new Procedures improves upon the 'foreign insurance institutions' definition, administrative examination and approval, and prudential regulations.
China's booming telecommunications services sector is not yet regulated by a telecommunications law. It is hoped that a law will be promulgated this year to regulate the market. What will the law look like?
Administration of the Assignment of Enterprise State-owned Assets and Equity Tentative Procedures mark another legal step in China's effort to reform the state sector of the economy.
Taiwan has made greater private sector participation in infrastructure projects a government priority. A look into how conducive the regulatory environment to realization of government policy is in this area.