Legal

More scrutiny of banks' M&A activity.

Closer monitoring of secondment of expats to China.

China issue rules to regulate provision of financial information services by foreign organisations.

Private equity and venture capital companies allowed registration in Shanghai.

Securities asset management business of securities company allowed access to the interbank bond market.

The Measures explain the calculation of the business turnover of banking financial institutions, securities companies, futures companies, fund management companies and insurance companies for the reporting of concentrations of business operators.

Pricing for exchangeable bonds made clear.

Sasac restricts state-owned shareholders from reducing shareholdings.

Special measures provided for risk control of project finance.