China's beneficial ownership rules have become stricter in some places and lenient in others while anti-avoidance provisions have become more explicit. This article reports on what non-tax residents need to know about the new rules.
Siyuan Liu and Feng Zhao of Jingtian & Gongcheng highlight some key opportunities – and compliance risks – for foreign-invested securities companies in China.
Unauthorized Apps may not access financial credit information, Hainan FTZ will be established and persons may be deprived of their civil rights as a result of capital market breaches.
A new judicial interpretation issued by the Supreme People's Court will help level the playing field for foreign investors seeking court review of governmental actions.