The CBRC has prohibited investors from controlling more than one bank and has imposed stricter liquidity risk thresholds, and Sino-foreign oil and gas CJVs have been exempted from mining royalties
The SAT has clarified the scope of R&D tax super-deductibles, and the NDRC has required record filing for project consulting firms and cost reviews for natural monopolies
The Anti-unfair Competition Law has clarified corporate liability for employee misconduct, the NDRC has proposed simplified outbound approval procedures, and auto loan ratios have been raised for alternative energy vehicles
Shenzhen has permitted JVs and WFOEs for QFLP management firms and the CAC has required internet news providers to conduct security assessments for new technology
The year's must-attend event for in-house legal counsel in the region, hosted by The American Lawyer and Legal Week at the One Farrer Hotel & Spa on Nov. 23