These measures impose further requirements on resident representative organizations in China of foreign insurance institutions, and facilitate the opening up of China's insurance market.
International law firm DLA Piper has recently announced a commitment to an environmentally-friendly business plan, which it calls a global sustainability…
Michael Moser has been elected chairman of the Hong Kong International Arbitration Centre, of which he has been a member for the past 16 years. He is also…
The requirement on the number of full-time lawyers employed by Mainland law firms that operate in association with Hong Kong or Macao law firms is waived.
The new measures governing the establishment of representative organizations by foreign insurance institutions replace a similar set of measures promulgated only two years before.
Detailed procedures for the establishment and dissolution of foreign-invested banks, scope and operation of renminbi business, and professional qualification requirements of some senior personnel are provided.
Howard Yinghao Yang suggests how practitioners can structure arbitration clauses under the new rules and interpretations to ensure enforcement of awards both domestically and internationally.