The total funds (investment principal and returns) that a QFII may outwardly remit each month may not exceed 20% of its total domestic assets as at the end of the previous year.
February 07, 2013
Legal
China's government has unveiled a series of new measures to crack down on corruption, including a unified database of cases that could ruin a business's reputation. Internal compliance programmes need to be strengthened and updated
February 06, 2013The General Office of the China Insurance Regulatory Commission has issued Tentative Provisions over securities investment by insurance institutions, while the State Council has issued Regulations for credit collection
February 01, 2013Employment by way of placement is a supplementary form and may only be applied to temporary, ancillary or substitute positions.
January 31, 2013The amendments to China's 2008 Employment Contract Law have closed some loopholes but simplistic definitions and vague wording have created new ones. Questions also remain over how aggressively the new Law will be enforced
January 31, 2013The amendments to China's 2008 Employment Contract Law have closed some loopholes but simplistic definitions and vague wording have created new ones. Questions also remain over how aggressively the new Law will be enforced
January 31, 2013The Supreme People's Court has issued an Interpretation on criminal cases over remuneration, while the China Securities Regulatory Commission has produced Guidelines on the use of proceeds raised by listed companies
January 25, 2013Fund management companies in China used to face a restrictive investment regime, especially as legislation did not cover privately raised funds. Amendments to the Securities Investment Fund Law have opened up the process
January 25, 2013Fund management companies in China used to face a restrictive investment regime, especially as legislation did not cover privately raised funds. Amendments to the Securities Investment Fund Law have opened up the process
January 25, 2013The rate at which expenditures and expenses that arise from the handling of cases are deducted from the shared revenue of lawyers shall be revised from the current rate of up to 30% of the shared revenue received by a lawyer for the month in question to up to 35%.
January 24, 2013