Legislation

• Circular on Issues Relevant to Foreign Exchange Control in Connection with Overseas Direct Investment of Banks in China

  关于境内银行境外直接投资外汇管理有关问题的通知

  The Circular specifies the procedures for foreign exchange registration, its amendment and cancellation, and conversion in connection with overseas direct investments of banks in China.

  September 04, 2010

• Tentative Provisions for the Implementation of Asset or Business Divestitures of Concentrations of Business Operators

  关于实施经营者集中资产或业务剥离的暂行规定

  Mofcom lays down specific rules for the divestiture remedy for anti-monopoly restrictions.

  September 04, 2010

• General Administration of Quality Supervision, Inspection and Quarantine, Provisions for the Regulation of Food Additive Production

  国家质量监督检验检疫总局食品添加剂生产监督管理规定

  Details of food additives made more transparent.

  July 14, 2010

• Other Recent Legislation for This Month

  National legislation BankingCircular on Issues Relevant to Expanding the Pilot Projects for Cross-border Trade Settlement in Renminbi关于扩大跨境贸易人民币结算试点有关问题的通知…

  July 14, 2010

• China Insurance Regulatory Commission, Measures for the Administration of the Equity of Insurance Companies

  中国保险监督管理委员会保险公司股权管理办法

  Shareholding restriction on single shareholders of insurance companies relaxed.

  July 14, 2010

• Ministry of Housing and Urban-rural Development, People's Bank of China and China Banking Regulatory Commission, Circular on Specifying the Criteria for Defining the Second Unit of Residential Premises for Commercial Personal Residential Mortgage Loan Purposes

  住房和城乡建设部 、中国人民银行 、中国银行业监督管理委员会关于规范商业性个人住房贷款中第二套住房认定标准的通知

  Stringent definition of the second unit of residential premises.

  July 14, 2010

• State Administration for Industry and Commerce, Tentative Measures for the Administration of Online Commodity Transactions and Related Services

  国家工商行政管理总局网络商品交易及有关服务行为管理暂行办法

  Online shop owners required to provide real names.

  July 14, 2010

• People's Bank of China, Measures for the Administration of Payment Services of Non-financial Institutions

  中国人民银行非金融机构支付服务管理办法

  PBOC puts online payment services under scrutiny.

  July 14, 2010

• Supreme People's Court, Circular on Several Issues Concerning the Application of the «PRC Tort Liability Law»

  最高人民法院关于适用《中华人民共和国侵权责任法》若干问题的通知

  Applicability of the Tort Liability Law clarified.

  July 14, 2010

• China Insurance Regulatory Commission, Provisions on the Administrative Penalty Procedure

  中国保险监督管理委员会行政处罚程序规定

  Market access prohibition is now an administrative penalty for the insurance industry.

  July 14, 2010