Legislation

New measures to open up the lease financing sector to foreign investment

First provisions on the acquisition of shares of listed companies by state-owned entities.

National LegislationBANKINGMeasures for the Administration of the Report of Transactions Suspicious of Terrorist Financing by Financial Institutions金融机构报告涉嫌恐怖融资的可疑交易管理办法L3610/07.06.11Measures…

Possession of the leasehold or property ownership is required before establishing a foreign-invested real property company.

Financial institutions required to check customer identity to prevent money laundering.

Time limits for depreciation of telecommunications equipment adjusted.

The China Bank Regulatory Commission is reviewing applications by five commercial banks to establish finance leasing companies. How will this new business vehicle impact the Chinese finance leasing landscape?

The Rules, tightening tort liability for accounting firms in conducting audits, are a crucial step towards preventing accounting firms from liability evasion in civil tort cases and building investors' confidence.

Possession of the leasehold or property ownership is required before establishing a foreign-invested real property company.