Legislation

The Shenzhen Stock Exchange gives guidelines for listed companies on how they should disclose company information.

The PRC Anti-unfair Competition Law clarified.

New regulations on the trading seat system for securities investment funds.

Insurance institutions required to conduct internal credit, ratings on bond investments.

Guangzhou offers incentives for the eestablishment of headquarters and regional headquarters.

Financial rules for financial enterprises have been updated.

In order to be recognized as a headquarters or regional headquarters, the institution must satisfy four conditions. Many incentives are provided to foreign investors for establishing headquarters or regional headquarters.

This law introduces some new regulations with respect to new and existing franchising businesses, and stipulates the requirement of information disclosure by a franchisor to a franchisee.

National LegislationACCOUNTINGChinese Institute of Certified Public Accountants, Circular on Duly Handling the Audit of Accounting Statements of Listed…