Legal

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.

Clampdown on misappropriation of loan proceeds.

Asset re-organisation of listed companies carried out by state-owned shareholders requires advance approval before information disclosure.

Australia is set to introduce significant changes to its foreign investment rules in order to remove the perception that its regime is too onerous. Although…