Affiliated transactions of insurance FIEs defined.
November 10, 2008
Legislation
Government relaxes foreign investment in advertising enterprises.
November 10, 2008MOFCOM delegates its FIE approval power to lower level departments.
November 10, 2008The Circular states that, with certain exceptions, the investment in and establishment of commercial enterprises by foreign investors shall be subject to the examination of the provincial-level departments in charge of commerce.
November 10, 2008CIRC monitors insurance company solvency through inspections.
November 10, 2008Land reform allows farmers to lease their land.
November 10, 2008The Guidelines set forth the requirements for engaging in the private equity investment trust business.
November 10, 2008The revised Provisions delegate some of the approval power concerning the establishment of foreign-invested advertising enterprises to provincial-level government departments.
November 10, 2008Shareholders that hold shares of listed companies may, through sponsorship of a sponsor, apply to the China Securities Regulatory Commission to offer exchangeable bonds.
November 10, 2008The revised Provisions set forth requirements concerning solvency assessments, solvency reports, solvency management and solvency monitoring.
November 10, 2008