July 14, 2010
The CIRC may release a major shareholder from the restriction on shareholding percentage if it satisfies certain provisions.
National legislation BankingCircular on Issues Relevant to Expanding the Pilot Projects for Cross-border Trade Settlement in Renminbi关于扩大跨境贸易人民币结算试点有关问题的通知…
Shareholding restriction on single shareholders of insurance companies relaxed.
Stringent definition of the second unit of residential premises.
Online shop owners required to provide real names.
PBOC puts online payment services under scrutiny.
The Measures specify the information that an insurance company is required to disclose as well as the method and time of disclosure.
Applicability of the Tort Liability Law clarified.
Market access prohibition is now an administrative penalty for the insurance industry.
Mofcom delegates approval power over foreign-invested holding companies and venture capital companies to lower-level authorities.