Legal

Safe lowers banks' quotas for provision of security to foreign parties.

Entry thresholds lowered for fund management companies engaging in dedicated asset management.

New provisions provide competition notification guidance

Further definition on the legal causes of bankruptcy

China recently released proposed Trademark Law amendments. Although they represent helpful steps forward to strengthen trade mark protection, areas remain that require further consideration

Restrictions imposed on exchange of state-owned assets and equity.

National legislationForeign exchangeState Administration of Foreign Exchange, Catalogue of Major Prevailing Foreign Exchange Control Laws and Regulations…

The Provisions are basically a revision of the Tentative Provisions on Matters Relevant to the Implementation of the System for Security Review of Acquisition of Domestic Enterprises by Foreign Investors.

The Provisions clarify the issues concerning the determination of reasons for bankruptcy to facilitate the implementation of the PRC Enterprise Bankruptcy Law.