Criteria for assessing solvency of insurance companies elaborated
Real deposit account system for the processing trade postponed.
IPO sponsors required to keep working drafts.
VAT system changed from production-based to consumption-based.
Negotiation of share prices allowed for bankruptcy restructuring
Securities companies allowed to apply for margin trading and short selling.
Limits on shareholding period of securities companies to prevent short-term speculation.
Qualifications required for purchase of 5% or more of equity in a securities company.
Calculation of business turnover for business tax purposes revised.
Stricter criteria for sale of investment-type insurance by property insurance companies
