Legislation

The provision of security to foreign parties for financing purposes by banks in China shall be subject to balance control, and the provision of security to foreign parties by non-bank financial institutions and enterprises shall mainly be subject to approval on a case by case basis.

Procedural clarification made for preferential tax treatment for non-tax-residents.

National legislation InsuranceCircular on Strengthening Anti-laundering Work of the Insurance Industry关于加强保险业反洗钱工作的通知L3900/10.08.10 Investment…

Relaxation on foreign security benefits outbound investment.

Co-wealth management business between banks and trust companies now being controlled.

All insurance institutions allowed to conduct interest rate swaps.

Banks included in the regulation of overseas direct investment.

Circular issued to clarify telecom business tax issues.

Notice stipulating one-off deduction of equity investment losses.