The Provisions regulate the engagement in public securities fund management by securities companies, insurance companies, private equity firms and venture capital firms.
Full Text Translation
- May 08, 2013
Securities investment fund management companies, futures companies, commercial banks, insurance companies and trust companies allowed in engage in asset securitisation.
May 08, 2013China issues its first set of measures on electronic bidding.
May 03, 2013CIRC raises the shareholding threshold of a single insurance shareholder to more than 20% but lower than 51%.
April 18, 2013If a Taiwanese investor invests in and establishes an enterprise on the mainland using a company, enterprise or other economic organisation in a third place that it directly or indirectly owns or controls, it may apply to have such third place investor recognised as being the equivalent of a Taiwanese investor.
April 10, 2013SAT clarifies the income tax issue of non-tax-residents involved in China's VAT reform.
March 26, 2013The Provisions expand the scope of RQFIIs to also include Hong Kong subsidiaries of commercial banks and insurance companies, as well as financial institutions incorporated and with a principal place of business in Hong Kong. The requirement that 80% of the proceeds be invested in fixed-return securities is also lifted.
March 20, 2013CSRC relaxes RQFII qualifications.
March 13, 2013Private equity funds established in the form of a company or partnership to engage in securities investments managed by a fund manager or general partnership are now governed by the Securities Investment Fund Law.
March 08, 2013A worker may request for 30% of his/her average wage for performance of non-compete obligation.
February 28, 2013
