Legal

• China Securities Regulatory Commission, Provisions for the Regulation of Branches of Securities Companies (Trial Implementation)

  中国证券监督管理委员会证券公司分公司监管规定 (试行)

  Restrictions set on securities companies' business scope.

  July 09, 2008

• China's Leading Lawyers

  How do the Leading Lawyer nominations reflect the evolution of the legal system in China? China Law & Practice takes a closer look at the results, and speaks to the nominees about their areas of expertise. Hear from the experts what the future holds for China law.

  July 09, 2008

• China Securities Regulatory Commission, Provisions on Issues Relevant to the Regulation of Controlling Interests and Equity Interests in Futures Companies

  中国证券监督管理委员会关于规范控股、参股期货公司有关问题的规定

  CSRC harnesses equity interests in futures companies.

  July 09, 2008

• Supreme People's Procuratorate and Ministry of Public Security, Supplementary Provisions on the Standards for Pursuing Cases of Economic Crime

  最高人民检察院、公安部关于经济犯罪案件追诉标准的补充规定

  Clearer standards to deal with securities-related crimes.

  July 09, 2008

• Supreme People's Court, Provisions on Several Issues Concerning the Application of the «PRC Company Law» (2)

  最高人民法院关于适用《中华人民共和国公司法》若干问题的规定 (二)

  Shareholder right to dissolve the company clarified.

  July 09, 2008

• China Securities Regulatory Commission, Opinion on the Application of Securities and Futures Laws No.3: Opinion on the Application of the Provision “No Major Change Shall Have Occurred in the Issuer's Core Business During the Most Recent Three Years” of Article 12 of the «Measures for the Administration of Initial Public Offerings of Shares and the Listing Thereof»

  中国证券监督管理委员会《首次公开发行股票并上市管理办法》第十二条发行人最近3年内主营业务没有发生重大变化的适用意见 - 证券期货法律适用意见第3号

  IPOs not allowed within a year of thorough reorganization.

  July 09, 2008

• General Office of the China Banking Regulatory Commission, Circular on Issues Relevant to the Engagement in Foreign Exchange Margin Trading by Banking Financial Institutions

  中国银行业监督管理委员会办公厅关于银行业金融机构开办外汇保证金交易有关问题的通知

  The CBRC puts a halt to banks' forex margin trading.

  July 09, 2008

• State Administration of Taxation, Circular on Issues Relevant to Terminating the Implementation of the Policy of Crediting Purchases of Domestically-produced Equipment as Investments by Enterprises Against Enterprise Income Tax

  国家税务总局关于停止执行企业购买国产设备投资抵免企业所得税政策问题的通知

  Preferential tax policy for purchase of Chinese equipment cancelled.

  July 09, 2008

• State Administration of Taxation, Circular on Adding Organizations Entitled to Tax Exemption on Interest to the China-Canada Tax Treaty

  国家税务总局关于中国-加拿大税收协定中增列利息免税机构的通知

  More organizations allowed to enjoy tax exemption in China and Canada.

  July 09, 2008

• China Securities Regulatory Commission, Provisions on Issues Relevant to Regulatory Opinions for Initial Public Offerings of Shares and the Listing Thereof by Securities Companies

  中国证券监督管理委员会关于证券公司申请首次公开发行股票并上市监管意见书有关问题的规定

  Ice-breaking provisions for IPOs of securities companies.

  July 09, 2008