The Rules specify the details a lawyer is required to review and verify in cases such as when a securities investment fund management company is to be established, when a change in the shareholders of a securities investment fund management company occurs and when a securities investment fund is to be offered.
These Rules govern practice activities such as review and verification, preparation and issuance of legal opinions, etc. when law firms and their assigned lawyers provide securities-related legal services.
PRC litigation can be risky for the unwary investor and one challenge is presented by China's exit restriction regime. Foreigners associated with a company involved in a dispute can be prevented from leaving China if certain conditions are met
New regulations finally allow FIEs to engage in the master distribution of Chinese publications and expand the scope of foreign investor participation by lowering entry thresholds and eliminating term of operation restrictions