Legal

The China Securities and Regulatory Commission has issued draft Measures allowing employees to enjoy shareholding schemes. The China Insurance and Regulatory Commission has also released Measures disallowing shareholders of insurance companies to sell privately offered bonds to their own company

China's National Association of Financial Market Institutional Investors (NAFMII) has released draft rules for a securitisation instrument for non-financial issuers

The China Securities and Regulatory Commission issued Measures for securities investments by QFIIs, lowering the qualification thresholds. China Insurance Regulatory Commission also released Measures forcing insurance companies to set up separate accounts for its assets.

The teams and regional firms of the year shortlists for China's most prestigious legal awards have been finalised. Find out who made the cut and stay tuned for deals of the year shortlists next week, with firms of the year already released last week

The opening of the first wholly Taiwan-funded hospital in Shanghai last month is a strong signal that the healthcare sector is opening-up to foreign investment, but local policies need to catch-up with national level legislation

The China Insurance Regulatory Commission has released a series of regulations relaxing investments with insurance proceeds. The China Banking Regulatory Commission has released a set of guidelines replacing bank performance by deadlines with new criteria.

China's pharmaceutical market is expanding rapidly, but recent policy developments mean multinationals need to rethink their strategy

The firm of the year shortlists for China's most prestigious legal awards have been finalised. Find out who made the cut and stay tuned for teams, deals and regional firms of the year shortlists in the coming weeks

The SPC has released an Interpretation on the Law during employment disputes and an Official Reply on accepting debt claims from tax arrears of bankrupt enterprises. The State Administration of Taxation also produced an announcement on the beneficial owner in tax agreements.