Law Digest

• Other Recent Legislation for This Month

  National legislationInvestment instrumentsMeasures for the Administration of the Pilot Engagement in Margin Trading and Short Sale of Securities by Securities…

  December 06, 2011

• Ministry of Finance and State Administration of Taxation, Plan for Pilot Projects for the Levy of Value-added Tax in Replace of Business Tax

  财政部、国家税务总局营业税改征增值税试点方案

  Transport and logistics sectors benefit from the new VAT reform.

  December 06, 2011

• State Administration for Industry and Commerce, Measures for the Administration of the Registration of Debt-for-equity Swaps of Companies

  国家工商行政管理总局公司债权转股权登记管理办法

  Debts have to be appraised for a debt-for-equity swap.

  December 06, 2011

• China Securities Regulatory Commission, Trial Measures for the Regulation of the Re-lending Business

  中国证券监督管理委员会转融通业务监督管理试行办法

  Securities and money lending to facilitate margin trading and short selling.

  December 06, 2011

• State Administration of Foreign Exchange, Circular on Issues Relevant to the Handling of the Renminbi-foreign Exchange Option Portfolio Business by Banks

  国家外汇管理局关于银行办理人民币对外汇期权组合业务有关问题的通知

  Safe puts forward risk-reversal option portfolios.

  December 06, 2011

• State Council, PRC Tentative Regulations on Resource Tax (Revised)

  国务院中华人民共和国资源税暂行条例 (修订)

  Ad valorem method used for calculation of resource tax for crude oil and natural gas.

  December 06, 2011

• China Insurance Regulatory Commission, Measures for the Administration of the Capital Guarantee Funds of Insurance Companies

  中国保险监督管理委员会保险险公司资本保证金管理办法

  Insurance companies required to deposit capital guarantee funds in more than one bank.

  December 06, 2011

• China Insurance Regulatory Commission, Measures for the Administration of the Anti-money Laundering Work in the Insurance Industry

  中国保险监督管理委员会保险业反洗钱工作管理办法

  New anti-money laundering measures prohibit equity investment from unlawful fund sources.

  November 08, 2011

• China Insurance Regulatory Commission, Measures for the Administration of Subordinated Debt with Fixed Term of Insurance Companies

  中国保险监督管理委员会保险公司次级定期债务管理办法

  Issue of subordinated debt with fixed term by insurance companies tightened.

  November 08, 2011

• People's Bank of China, Measures for the Administration of Renminbi Settlement Matters Relating to Foreign Direct Investment

  中国人民银行外商直接投资人民币结算业务管理办法

  More outbound cross-border Rmb investments expected from FDI earnings.

  November 08, 2011