Legislation

SAMR details the specifics on review of concentrations of business operators

CSRC imposes requirements for adding new shareholders prior to an IPO application

CBIRC adds more specifics to the evaluation of directors and supervisors of banks and insurance companies

The Draft strengthens governance of independent directors

Market makers will no longer be set by product

CBIRC diversifies assessment of insurance companies' solvency

CSRC issues guidelines on index funds aiming to protect investors

PBOC defines market dominance for non-bank payment institutions

There are stricter rules on using the word "China" and its variants in an enterprise's name