Legal

This circular revises the scope of overseas investment, and sets out conditions on offering a product of overseas financial management in overseas stocks.

The Tentative Measures stipulates requirements for engaging in entrusted overseas financial management business, the limit of foreign exchange payments for investments and fund management, risk management and transparency of business.

This law strengthens the administration of commercial franchising activities, regulates the order of the franchising market, and provides requisite application procedures.

This law aims to establish the regulatory framework for business activities of trust companies and promote the healthy development of the trust industry.

The franchisor is required to disclose certain information to the franchisee in writing at least 30 days before the conclusion of franchise contract. A confidential agreement may be executed before information is disclosed.

New regulations on commercial franchises should contribute to making the mainland a much more accessible market for international franchisors. What are the new rules, and what questions regarding franchises remain unanswered?

China's long-awaited bankruptcy law finally came into effect on June 1 2007. Secured creditors no longer take a back seat to a failing company's employees…

Hong Kong will be able to enjoy less junk mail under the Unsolicited Electronic Messages Ordinance, which was enacted by the Legislative Council in May…

PRC domestic savings will soon have additional overseas outlets, as regulations are issued to permit more types of outbound investment by greater types of qualified domestic institutional investors.