Issued: April 13 2006Main contents: The Announcement relaxes the policies on opening, amending and closing current account-related foreign exchange accounts,…

Issued: November 23 2005Effective: October 1 2005Applicability: For the purposes of the Circular, the term "people from Taiwan, Hong Kong and Macao" refers…

National LegislationBANKINGTentative Measures for the Administration of the Information Disclosure of Trust and Investment Companies 信托投资公司信息披露管理暂行办法L3610/06.01.05ENVIRONMENTAL…

China's new Company Law has laid a solid foundation for companies to improve their corporate governance, including new provisions granting significant rights to minority investors vis à vis management and controlling shareholders. The new law also grants shareholders the ability to enforce these rights through derivative and direct lawsuits. However, given China's weak enforcement environment and relative inexperience with private lawsuits, is the new law adequate to uphold shareholders' rights?

Issued: January 22 2006Main contents: The naming of overseas Chinese-invested enterprises or organizations shall not infringe the rights and interests…

The Measures for the Administration of Internet Electronic Mail Services is the first legislative attempt to address surging internet usage in the PRC through internet email services.

Arising from a specific Municipal Higher People's Court case, the China Insurance Regulatory Commission issued opinions that may be referred to by subsequent judicial decisions.

Consistent with foreign exchange control reforms, the People's Bank of China announced several liberalization measures in relevant control policies.

Issued: February 21 2006Main contents: The Reply clarifies the obligation of truthful disclosure by the proposer. clp reference:3900/06.02.21promulgated:2006-02-21