The SAT has clarified VAT will not be levied on purely offshore activities, the CIRC has proposed curbs on risky investments by insurance companies and MOFCOM has abolished its approval requirements for processing trade

Published: July 27 2016 Main contents: A wealth management product of a bank may not directly or indirectly invest in the bank's credit…

Issued: August 2 2016 Applicability: The term “carbon allowance of alternative energy vehicle” means the reduction in carbon dioxide emissions,…

The first online lending regulation was issued to curb shadow banking risks, the rise of digital wallets threatened banks' access to big data and local governments' plans for the flailing coal and steel industry were discussed

Issued: August 12 2016 Main contents: A fund management company that establishes a subsidiary shall make its capital contribution thereto…

The first law on online lending has been issued, Beijing has replaced temporary residence permits with residence permits and the NDRC further regulated the carbon market

Issued: August 5 2016 Main contents: An operator in the catering industry shall indicate to consumers in a prominent manner in advance of…

This week the $43B Sino-Swiss deal received U.S. regulatory approval, proposed emissions rules dampened China's auto profit outlook, the Hong Kong stock exchange's attempts to lure tech firms were discussed and Apple announced a new R&D center

O'Melveny & Myers