Legal

• China Insurance Regulatory Commission, Opinion on Regulating the Articles of Association of Insurance Companies

  中国保险监督管理委员会关于规范保险公司章程的意见　　

  Insurance companies required to include provisions on solvency level in their articles of association.

  October 15, 2008

• Supreme People's Court, Provisions on Several Issues Concerning the Application of the System of the Prescription of Actions in Trials of Civil Cases

  最高人民法院关于审理民事案件适用诉讼时效制度若干问题的规定

  Periods of prescription of actions clarified for civil cases.

  October 15, 2008

• China Insurance Regulatory Commission, Operational Guidelines for the Board of Directors of Insurance Companies

  中国保险监督管理委员会保险公司董事会运作指引

  Guidelines issued to restrict boards of insurance companies in their delegation of powers.

  October 15, 2008

• People's Bank of China and China Banking Regulatory Commission, Circular on Promoting Land Conservation and Improving the Efficiency of Land Use through Financial Means

  中国人民银行、中国银行业监督管理委员会关于金融促进节约集约用地的通知

  Loans for real property tightened.

  October 15, 2008

• Ministry of Commerce and Ministry of Land and Resources, Measures for the Administration of Foreign-invested Mineral Exploration Enterprises

  商务部、国土资源部外商投资矿产勘查企业管理办法

  Geographic restriction on exploration permits lifted.

  October 15, 2008

• China Securities Regulatory Commission, Compilation Rules for Information Disclosure by Companies that Offer Securities to the Public (No.26): Special Provisions for the Information Disclosure of Commercial Banks

  中国证券监督管理委员会公开发行证券的公司信息披露编报规则第26号 - 商业银行信息披露特别规定

  Commercial banks required to disclose information on sub-prime loans.

  October 15, 2008

• SECURITIES REGULATOR AMENDS RULES TO HELP BOLSTER INVESTOR CONFIDENCE

  China Securities Regulatory Commission (CSRC) has issued amendments to theMeasures for the Administration of the Takeover of Listed Companies 《上市公司收购管理办法》,…

  October 15, 2008

• CHINA LOWERS BARRIERS BUT FREEZES RATIOS FOR FOREIGN TELECOMS OPERATORS

  The Chinese government has provided more incentives for foreign-invested telecommunications enterprises (FITEs) to do business in the PRC, through the…

  October 15, 2008

• Ministry of Finance, China Securities Regulatory Commission, National Audit Office, China Banking Regulatory Commission and China Insurance Regulatory Commission, Basic Guidelines for Internal Controls of Enterprises

  财政部、中国证券监督管理委员会、审计署、中国银行业监督管理委员会、中国保险监督管理委员会企业内部控制基本规范

  First law on internal controls of enterprises.

  October 15, 2008

• Beijing Municipality, Opinion on Thoroughly Implementing the «Beijing Municipality, Regulations on Promoting Information Technology» and Strengthening the Regulation of Electronic Commerce

  北京市关于贯彻落实《北京市信息化促进条例》加强电子商务监督管理的意见

  Beijing requires e-shops to apply for a business licence.

  October 15, 2008