New China asset management rules tighten requirements on the due diligence of distributors
June 30, 2021
Legal
SAMR prohibits business operators from using standard clauses to limit liability. Cybersecurity is strengthened on intelligent connected vehicles. Enterprise income tax treatment of cross-border hybrid investments is clarified.
June 30, 2021Entities and individuals may bear legal liability for failure to enforce or cooperate in the implementation of sanction countering measures
June 30, 2021Transaction limits are specified for national carbon trading
June 30, 2021MNCs are concerned about enforcement and the monitoring and verification requirements of the new national market
June 28, 2021Shanghai energy exchange releases details of carbon emissions trading; first options products open to foreign investors begin trading in Shanghai, Dalian; and PBOC orders major banks and payment services institutions to clamp down on OTC crypto merchants
June 28, 2021Transactions limits are specified for national carbon trading. CBIRC defines banks' affiliated transactions. Parties may be banned from participating in securities markets.
June 25, 2021The new emissions allowance system allows for the offset of voluntary emissions.
June 25, 2021A risk warning system is in place for carbon trading
June 25, 2021Private banking or insurance institutions shall establish a Party organizational structure
June 25, 2021
