Legislation

• China Securities Regulatory Commission, Guidelines for Regulation of the Direct Investment Business of Securities Companies

  中国证券监督管理委员会证券公司直接投资业务监管指引

  Securities brokerages allowed to set up PE funds targeting institutional investors.

  September 03, 2011

• China Banking Regulatory Commission, Circular on Matters Relevant to Revising the Approval Procedure for the Establishment of Rural Banks

  中国银行业监督管理委员会关于调整村镇银行组建核准有关事项的通知

  Stricter approval procedures for the establishment of rural banks.

  September 03, 2011

• Other Recent Legislation for This Month

  National legislationAccountingMeasures for Comprehensive Evaluation of Accounting Firms (Revised) 中国注册会计师协会会计师事务所综合评价办法…

  September 03, 2011

• China Banking Regulatory Commission, Measures for the Administration of the Leverage Ratio of Commercial Banks

  中国银行业监督管理委员会商业银行杠杆率管理办法

  First set of measures on the leverage ratio of banks.

  September 03, 2011

• People's Bank of China, Circular on Clarifying Issues Relevant to Cross-border Renminbi Transactions

  中国人民银行关于明确跨境人民币业务相关问题的通知

  Pilot Rmb settlement of FDI launched.

  September 03, 2011

• China Securities Regulatory Commission, Measures for the Administration of the Sale of Securities Investment Funds (Revised)

  中国证券监督管理委员会证券投资基金销售管理办法（修订）

  Foreign banks allowed to sell mutual funds in China.

  September 03, 2011

• State Administration of Foreign Exchange, Circular on the Operating Guidelines for Issues Relevant to Requests for Confirmation of Capital Verification Required in the Re-investment of Foreign-invested Companies with an Investment Nature

  国家外汇管理局关于外商投资性公司再投资所涉验资询证有关问题操作指引的通知

  Holding companies must increase capital before re-investment.

  September 03, 2011

• China Banking Regulatory Commission, Guidelines on the Participation in Stock Index Futures Trading by Trust Companies

  中国银行业监督管理委员会信托公司参与股指期货交易业务指引

  Trust companies allowed to trade stock index futures.

  September 03, 2011

• Circular on the Operating Guidelines for Issues Relevant to Requests for Confirmation of Capital Verification Required in the Re-investment of Foreign-invested Companies with an Investment Nature

  外商投资性公司再投资所涉验资询证有关问题操作指引的通知

  After the foreign-invested company with an investment nature has converted the lawful income derived in China into an increment in registered capital, it may re-invest the same in an enterprise in China.

  September 03, 2011

• Measures for the Record Filing of Patent Licensing Contracts

  专利实施许可合同备案办法

  Parties shall carry out record filing procedures within three months from the date on which their patent licensing contract entered into effect.

  September 03, 2011