These measures impose further requirements on resident representative organizations in China of foreign insurance institutions, and facilitate the opening up of China's insurance market.
Detailed procedures for the establishment and dissolution of foreign-invested banks, scope and operation of renminbi business, and professional qualification requirements of some senior personnel are provided.
Linklaters has appointed Simon Davies as its new firm-wide managing partner until 2012. Simon joined Linklaters in London in 1990 and has been the Asia…
The requirement on the number of full-time lawyers employed by Mainland law firms that operate in association with Hong Kong or Macao law firms is waived.