Law Digest

Stricter criteria for real property trust financing.

Investment of insurance proceeds in unsecured bonds restricted.

MLR issues 19 articles to curb property speculation.

Loans with unspecified purposes not allowed.

Policy-type residential premises are to account for at least 50% of the market in Beijing.

National legislation AccountingImplementing Regulations for the PRC Audit Law (Revised)中华人民共和国审计法实施条例 (修订)L3120/10.02.11 Regional…

Accounting treatment of hybrid insurance contracts clarified.

More certainty for parties using the ICC.

Banks required to conduct due diligence investigation on the underlying assets of securitisation.