China to develop financial futures and options.

This law aims to regulate futures trading, to protect parties involved in such trading, and to promote the development of the futures market. Part Two covers the establishment of futures exchanges, as approved by the State Council's futures regulatory authority. Part Three deals with the formation of futures companies. Part Four sets out the basic rules of futures trading. Part Five provides a self regulatory system for the futures industry. Parts Six and Seven are concerned with the checks and control system, and legal liability of violators.

Parties to foreign-related contracts have been free to choose which country's law govern their contracts - except where PRC law is mandatory. The new Provisions provide better guidance on deciding the governing law of the contract.

Lovells has announced the launch of the new Sino-Global Legal Alliance (SGLA), an alliance of independent firms including Lovells and nine Chinese law…

National LegislationINSURANCEMeasures for the Administration of Insurance Permits保险许可证管理办法L3900/07.06.22Circular on Matters Relevant…

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Paul, Hastings, Janofsky & Walker represented Deutsche Bank, the sole global bookrunner, on the global offering of Franshion Properties (China), which…

Heller Ehrman recently represented the placement agent, Roth Capital Partners, in two recent Private Investment in Public Equity [PIPE] transactions for…

Tax rates on interest income of foreigners may follow bilateral tax agreements.