This Provisions aims to further clarify the issue on the conflict of laws for foreign-related civil and commercial contract disputes and recognizes the parties' expressed choice of laws.
September 02, 2007
Full Text Translation
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.
September 02, 2007The China Bank Regulatory Commission is reviewing applications by five commercial banks to establish finance leasing companies. How will this new business vehicle impact the Chinese finance leasing landscape?
July 02, 2007The Rules, tightening tort liability for accounting firms in conducting audits, are a crucial step towards preventing accounting firms from liability evasion in civil tort cases and building investors' confidence.
July 02, 2007Possession of the leasehold or property ownership is required before establishing a foreign-invested real property company.
July 02, 2007The Reply clarifies under which case an enterprise assigns interests in, or risks attaching to, an asset through a sale-leaseback transaction it shall be deemed to have transferred all or part of the ownership of the immovable property.
July 02, 2007Requiring that employers conclude written employment contracts with all full-time employees within 30 days of their start date, the law provides basic requirements for the establishment, implementation, amendment and termination of these contracts.
July 02, 2007This circular revises the scope of overseas investment, and sets out conditions on offering a product of overseas financial management in overseas stocks.
June 02, 2007The Tentative Measures stipulates requirements for engaging in entrusted overseas financial management business, the limit of foreign exchange payments for investments and fund management, risk management and transparency of business.
June 02, 2007This law strengthens the administration of commercial franchising activities, regulates the order of the franchising market, and provides requisite application procedures.
June 02, 2007