Legislation

• China Insurance Regulatory Commission, Circular on Matters Relevant to Investment Risk Owners of Insurance Institutions

  中国保险监督管理委员会关于保险机构投资风险责任人有关事项的通知

  CIRC elaborates on investment risk owner requirements.

  May 22, 2013

• Circular on Issues Relevant to the Regulation of the Investment and Acquisition of Equity Stakes in Insurance Companies by Limited Equity Investment Partnerships

  关于规范有限合伙式股权投资企业投资入股保险公司有关问题的通知

  The capital contribution or shareholding of each PE partnership may not exceed 5% of a single insurance company.

  May 16, 2013

• China Securities Regulatory Commission, Guidelines for Contents and Formats for Information Disclosure by Companies That Offer Securities to the Public (No.3) - Contents and Format of Interim Reports (Revised in 2013)

  中国证券监督管理委员会公开发行证券的公司信息披露内容与格式准则第3号——半年度报告的内容与格式 (2013年修订)

  Contents of interim reports simplified.

  May 12, 2013

• China Securities Regulatory Commission, Compilation Rules for Information Disclosure by Companies that Offer Securities to the Public (No.13): Special Provisions on Content and Format of Quarterly Reports (Revised in 2013)

  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13号——季度报告内容与格式特别规定 (2013年修订)

  Contents of quarterly reports simplified.

  May 12, 2013

• China Insurance Regulatory Commission, Measures for the Administration of Subordinated Debt with Fixed Terms of Insurance Companies (Revised)

  中国保险监督管理委员会保险公司次级定期债务管理办法(修订)

  Insurance group companies allowed to offer subordinated debt with fixed terms.

  May 12, 2013

• Supreme People's Court, Several Provisions on Issues Concerning the Application of the Law in the Trial of Patent Disputes (Revised)

  最高人民法院关于审理专利纠纷案件适用法律问题的若干规定 (修订)

  SPC delegates patent cases to primary-level people's courts.

  May 12, 2013

• China Securities Regulatory Commission, Provisions for the Regulation of Branches of Securities Companies

  中国证券监督管理委员会证券公司分支机构监管规定

  Securities firms may establish branches anywhere in China.

  May 12, 2013

• China Securities Regulatory Commission, Provisions for the Administration of the Equity Incentive and Restriant Mechanism of Securities Companies (Draft for Comments)

  中国证券监督管理委员会证券公司股权激励约束机制管理规定（征求意见稿）

  Issued: March 16 2013 Main contents: The Provisions specify that the recipients of the employee shareholding scheme of securities companies are directors,…

  May 12, 2013

• Other Recent Legislation in These Two Months

  CustomsMeasures for the Regulation of the Inspection and Quarantine of Imported and Exported Dairy Products 进出口乳品检验检疫监督管理办法…

  May 12, 2013

• China Banking Regulatory Commission, Circular on Issues Relevant to Regulating the Investment Operation of the Wealth Management Business of Commercial Banks

  中国银行业监督管理委员会关于规范商业银行理财业务投资运作有关问题的通知

  CBRC rectifies wealth management operations of banks.

  May 11, 2013