Legislation

Affiliated transactions at a premium price require stringent disclosure and decision-making procedure.

Foreign investors placed under the same entry requirements for publication distribution as domestic investors.

Criteria should be met for selecting bancassurance cooperation counterparties.

Futures companies allowed to engage in futures investment consultancy services.

CIRC revises establishment criteria for insurance asset management companies.

The Provisions set forth the requirements and application procedures for establishment of publication general distributors, wholsalers, retailers, and leasing and chain enterprises.

The Provisions further regulate the temporary conduct of auditing in mainland China by overseas accounting firms.

The Guidelines detail the operating rules for bancassurance business concerning the insurance products, agency fees, sales model, sales, financial accounting, contingency mechanism and intra-industry exchanges.

Internet game business requires Rmb10 million of registered capital.