Legal

While the CSRC's new rules on the takeover and restructuring of listed companies eliminate restrictions and simplify the approval process, they also increase information disclosure requirements and regulatory supervision. Will this achieve market balance?

SAT clarifies individual income tax levy on equity transfers.

CMAC allows the use of arbitration rules of another arbitration tribunal.

China establishes three more free trade zones in Guangdong, Tianjin and Fujian.

China lowers the market access thresholds for foreign-invested banks.

Issued: November 4 2014 Main contents: The Catalogue places emphasis on promoting the opening of the manufacturing industry and service industry to…

CIETAC arbitration rules add special provisions on Hong Kong arbitration.

Privately offered bonds are promoted to facilitate M&As.

Six practice rights of lawyers protected.