Law Digest

• China Securities Regulatory Commission, Provisions for the Administration of the Subordinated Obligations of Securities Companies

  中国证券监督管理委员会证券公司次级债管理规定

  Requirements on issuance of subordinated obligations lowered to decrease the cost of financing for securities companies.

  January 10, 2013

• Organisation Department of the Central Committee of the Communist Party of China, Ministry of Human Resources and Social Security and Other Three Departments, Circular on Issues Relevant to Facilitating Visa Issuance and Residence Procedures for Foreign Senior Skilled Personnel Coming to China

  中共中央组织部、人力资源社会保障部等五部门关于为外籍高层次人才来华提供签证及居留便利有关问题的通知

  Five-year multiple entry visas offered to foreign talents.

  January 10, 2013

• Supreme People's Procuratorate, Rules for the Criminal Procedure of People's Procuratorates (Trial Implementation)

  最高人民检察院人民检察院刑事诉讼规则 (试行)

  Crime of particularly serious bribery defined.

  January 10, 2013

• Ministry of Finance, Explanations of Enterprise Accounting Guidelines No.5

  财政部企业会计准则解释第5号

  Identification of intangible assets clarified for mergers of enterprises not under the same control

  January 10, 2013

• China Securities Regulatory Commission, Guidelines for the Regulation of the Submission Documents and Review Procedures for Overseas Share Issuance and Listing by Companies Limited by Shares

  中国证券监督管理委员会关于股份有限公司境外发行股票和上市申报文件及审核程序的监管指引

  CSRC relaxes restrictions on listing of H-shares.

  January 10, 2013

• People's Bank of China, China Banking Regulatory Commission, China Securities Regulatory Commission, China Insurance Regulatory Commission and State Administration of Foreign Exchange, The 12th Five-year Plan for the Development and Reform of the Financial Industry

  中国人民银行、中国银行业监督管理委员会、中国证券监督管理委员会、中国保险监督管理委员会、国家外汇管理局金融业发展和改革“十二五”规划

  China to allow issuance of preference shares.

  January 10, 2013

• China Insurance Regulatory Commission, Provisions on the Participation of Insurance Proceeds in Stock Index Futures Trading

  中国保险监督管理委员会保险资金参与股指期货交易规定

  Investment of insurance proceeds allowed in stock index futures trading.

  January 10, 2013

• China Insurance Regulatory Commission, Tentative Measures for the Participation in Financial Derivatives Trading by Insurance Proceeds

  中国保险监督管理委员会保险资金参与金融衍生产品交易暂行办法

  Participation in financial derivatives trading by insurance proceeds is for hedging purpose only.

  January 10, 2013

• Ministry of Justice, Measures for the Administration of Associations Between Law Firms of the Hong Kong and Macao Special Administrative Regions and Mainland Law Firms (5th Revision)

  司法部香港特别行政区和澳门特别行政区律师事务所与内地律师事务所联营管理办法 (第五次修正)

  Hong Kong and Macao law firms allowed to operate in association with up to three mainland law firms.

  January 10, 2013

• General Administration of Quality Supervision, Inspection and Quarantine, Measures on Handling Product Quality Complaints (Draft for Comments)

  国家质检总局产品质量申诉处理办法 (征求意见稿)

  Issued: November 26 2012Main contents:　According to the Draft, quality and technical supervision departments will not handle complaints from consumers…

  December 17, 2012