Law Digest

MOF explains accounting treatment for mergers of enterprises subject to the same control.

National legislationBankingImplementing Measures for the Administrative Permission Matters of Chinese-invested Commercial Banks (Revised)中资商业银行行政许可事项实施办法…

Guangzhou tightens control on property market.

Wealth management products allowed to enter stock exchanges.

Expansion nationwide of the new third board pilot project is formally initiated.

Telecommunications services further opened up in the Shanghai Free Trade Zone.

State Council relaxes approval requirements for foreign projects.

China further liberialises its interest rates.

Issued: November 29 2013Main contents: Where the beneficiary and the guarantee applicant or a third party have colluded in bad faith and there is no genuine…