Legal

• State Administration of Foreign Exchange, Circular on Issues Relevant to Strengthening the Administration of Foreign Exchange Transactions

  国家外汇管理局关于加强外汇业务管理有关问题的通知

  Safe issues seven measures to block hot money inflow.

  December 14, 2010

• State Administration of Taxation, Announcement on Issues Concerning the Enterprise Income Tax Treatment of Income Derived from the Transfer of Property, Etc. by Enterprises

  国家税务总局关于企业取得财产转让等所得企业所得税处理问题的公告

  Tax should be paid in one year for income derived from property transfer.

  December 14, 2010

• State Administration for Industry and Commerce, Provisions on Matters Relevant to the Claim for a Right of Priority by Applicants for Trademark Registration from Taiwan

  国家工商行政管理总局台湾地区商标注册申请人要求优先权有关事项的规定

  Taiwanese applicants may file trademark priority rights in the mainland.

  December 14, 2010

• General Office of the State Council, Circular on Transmission of the China Securities Regulatory Commission and Other Departments, Opinion on Combating and Safeguarding against Insider Trading in the Capital Markets in Accordance with the Law

  国务院办公厅转发证监会等部门关于依法打击和防控资本市场内幕交易意见的通知

  A system for registering the informed persons of insider information to be established.

  December 14, 2010

• People's Bank of China, Ministry of Finance, National Development and Reform Commission and China Securities Regulatory Commission, Tentative Measures for the Administration of Issuance of Renminbi Bonds by International Development Organisations (Revised)

  中国人民银行、财政部、国家发展和改革委员会、中国证券监督管理委员会国际开发机构人民币债券发行管理暂行办法

  Revised Measures allow outward remittance of Rmb bond proceeds.

  December 14, 2010

• PRC Law on the Application of Laws to Foreign-related Civil Relationships

  中华人民共和国涉外民事关系法律适用法

  This Law has been formulated in order to clarify the application of laws to foreign-related civil relationships, rationally resolve foreign-related civil disputes and safeguard the lawful rights and interests of concerned parties.

  December 14, 2010

• Announcement on Issues Concerning the Enterprise Income Tax Treatment of Income Derived from the Transfer of Property, Etc. by Enterprises

  关于企业取得财产转让等所得企业所得税处理问题的公告

  When an enterprise derives revenue from the transfer of property, etc., it shall include all of the revenue in the year that is recognised to be the year in which such revenue is derived.

  December 14, 2010

• Beijing Municipality, Several Opinions on Further Serving the Development of Foreign-invested Enterprises

  北京市关于进一步服务外商投资企业发展的若干意见

  Beijing Municipality relaxes enterprise name registration for FIEs.

  December 14, 2010

• Ministry of Housing and Urban-rural Development, Ministry of Finance, People's Bank of China and China Banking Regulatory Commission, Circular on Issues Relevant to Regulating the Individual Housing Fund Mortgage Loan Policy

  住房和城乡建设部、财政部、中国人民银行、中国银行业监督管理委员会关于规范住房公积金个人住房贷款政策有关问题的通知

  Use of housing funds for property speculation is prohibited.

  December 14, 2010

• PE investors should know contractual restrictions before trading

  New regulations allow trading of private equity funds

  December 14, 2010