Law Digest

• Ministry of Industry and Information Technology and the Shanghai Municipal People's Government, Opinions on Further Opening Value-added Telecommunications Services to Foreign Investment in the China (Shanghai) Pilot Free Trade Zone

  工业和信息化部、上海市人民政府关于中国（上海）自由贸易试验区进一步对外开放增值电信业务的意见

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

  January 16, 2014

• State Council, List of Investment Projects Subject to Government Check and Approval (2013)

  国务院政府核准的投资项目目录 (2013年本)

  State Council relaxes approval requirements for foreign projects.

  January 16, 2014

• People's Bank of China, Measures for the Administration of Interbank Negotiable Certificates of Deposit

  中国人民银行同业存单管理办法

  China further liberialises its interest rates.

  January 16, 2014

• Supreme People's Court, Provisions on Several Issues Concerning the Trial of Independent Guarantee Dispute Cases (Draft for Comments)

  最高人民法院关于审理独立保函纠纷案件若干问题的规定（征求意见稿）

  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…

  December 31, 2013

• China Securities Regulatory Commission, Guidelines on the Disclosure of Major Financial Information and Information on the Business Position Since the Financial Report Audit Date in Prospectuses for the Initial Public Offering of Shares and the Listing thereof of Companies

  中国证券监督管理委员会关于首次公开发行股票并上市公司招股说明书财务报告审计截止日后主要财务信息及经营状况信息披露指引

  Unaudited quarterly financial statements required to be provided in the prospectus after financial report audit date.

  December 31, 2013

• China Securities Regulatory Commission, Guidelines on the Disclosure of Information Relating to Profitability in Prospectuses for the Initial Public Offering of Shares and the Listing thereof of Companies

  中国证券监督管理委员会关于首次公开发行股票并上市公司招股说明书中与盈利能力相关的信息披露指引

  IPO issuers required to provide data comparison with competitors.

  December 31, 2013

• China Insurance Regulatory Commission, Circular on Issues Relevant to the Regulation of Captive Insurance Companies

  中国保险监督管理委员会关于自保公司监管有关问题的通知

  Circular issued to regulate captive insurance companies.

  December 31, 2013

• People's Bank of China, Opinions on Financial Support for the Establishment of the China (Shanghai) Pilot Free Trade Zone

  中国人民银行关于金融支持中国（上海）自由贸易试验区建设的意见

  Individuals are allowed to engage in securities investment overseas.

  December 11, 2013

• Shanghai Municipality, Measures for the Administration of Record Filing of Foreign-invested Enterprises in the China (Shanghai) Pilot Free Trade Zone

  上海市中国（上海）自由贸易试验区外商投资企业备案管理办法

  FIEs required to give an undertaking before allowed establishment.

  December 11, 2013

• China Banking Regulatory Commission, Measures for the Administration of the Liquidity Risks of Commercial Banks (Trial Implementation) (Draft for Comments)

  中国银监会商业银行流动性风险管理办法 (试行) (征求意见稿)

  Issued: October 11 2013 Main contents: The Draft introduces the liquidity coverage ratio metric and requires commercial banks to have sufficient quality…

  November 27, 2013