Financial institutions in the region are feeling the heat from increasingly aggressive regulatory actions following landmark AML cases involving Hong Kong and Chinese banks

Income tax burdens have been eased for foreign investors, tax credit policy has been revised to align with outbound investment needs, and the calculation method for environmental tax has been clarified

Issued: November 16 2017 Main contents: If an investor, and its affiliated parties and parties acting in concert, individually or together…

SAFE has required offshore loans to comply with outbound investment policy, roundabout wealth management activities have been suppressed, and Guangdong has broadened the business scope for Hong Kong/Macao law firms

Corporate liability for employee bribery acts clarified.

How industry barrier changes in the previous and new versions of the Foreign Investment Catalogue--and the introduction of the Negative List system--impact market access compliance

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

VAT burden lessened for asset management products.

VAT burden lessened for asset management products.