New rules simplify foreign currency registration of round-trip investments and fundraising, while increasing the pressure and urgency on investors to rectify previous non-registration. Safe increases its focus and coordination while Mofcom uncertainties remain
The Measures detail the two management models of variable annuities and set forth requirements in respect of allocations to the liability reserve and information disclosure.
The new UK Bribery Act signals the start of a new era of enforcement for Chinese organisations on the world stage. If they haven't done so already, PRC companies must review their existing anti-corruption policies and procedures, and assess their business risks to ensure they put in place appropriate measures to deter and deal with any corrupt acts
The new UK Bribery Act signals the start of a new era of enforcement for Chinese organisations on the world stage. If they haven't done so already, PRC companies must review their existing anti-corruption policies and procedures, and assess their business risks to ensure they put in place appropriate measures to deter and deal with any corrupt acts