Legal

Sponsors and investment consultants may be liable for disclosure violations.

QFIIs may trade stock index futures only for hedging purposes.

Biggest delegation of foreign investment approval in Shanghai.

Safe streamlines foreign exchange approval procedures.

Banks required to meet capital adequacy ratio requirements of Basel III.

Qualified foreign institutional investors allowed to trade stock index futures for hedging purposes.

The 2010 Report selected 43 issues with broad guiding significance from 36 cases including: determination of the equivalence of technical features in a patent infringement dispute and protection of a design under the Anti-unfair Competition Law after the patent expires.

Taiwan law firms allowed to set up representative offices in Fuzhou and Xiamen.

The tax authority continues to ramp up its manpower for transfer pricing-related audits