Legal

The CSRC has strengthened its regulation of insider trading, while SAFE has relaxed rules on opening foreign exchange accounts for FDI and streamlined the foreign exchange control process for foreign-invested partnerships

With the new revision, even if the client or another party's criminal act will seriously harm the safety of others' property, a lawyer is still bound by the confidentiality obligation.

Draft Measures from the NDRC have brought welcome clarity for investors, but it is unclear which foreign investment projects will now need approval from the Commission

Draft Measures from the NDRC have brought welcome clarity for investors, but it is unclear which foreign investment projects will now need approval from the Commission

The State Intellectual Property Office has released draft regulations for service inventions clarifying an employee's remuneration rights if there is no agreement with the employer, while the State Council has revised regulations on futures trading

Registered capital of a subsidiary of a fund management company is not allowed to be less than Rmb20 million.

An Interpretation from the CSRC uses for the first time a doctrine of guilty before innocent for insider trading cases. But with few cases before the courts, it is not clear how effective the Interpretation will be

The VAT Programme has expanded rapidly since it started in Shanghai this year. For the first time, it allows companies to offset taxes when using external service providers. Lawrence Hu considers how tax reform affects companies

Foreign investors in China face the challenge of dealing with corruption in an unfamiliar business culture. The penalties set out in UK, US and Chinese law are strict, but a comparison of bribery legislation shows what steps can be taken to mitigate risks