A circular which addresses the issues on regulations of cash flows between listed companies and their affiliates. It also addresses the control of risk of security provided to outside parties by listed companies in the PRC.
Issued: August 29 2003Effective: October 8 2003Main contents: Securities companies applying for issue of bonds should comply with the Guidelines to prepare…
By Stéphane Luo and Mo Fei, Jones Day, ShanghaiSince the beginning of China's open door policy more than twenty years ago, the authorities have encouraged…
Issued: August 22 2003Main contents: The Opinions detail the measures taken by Shanghai aiming at a gradual shift in government functions from a focus…
Chinese maritime law and legal practice are gradually coming into conformity with international practice. However one key area that remains unclear is the legal status of the straight bill of lading.
Issued: August 28 2003Effective: as of date of issueMain contents: The Circular restricts the appropriation of funds of listed companies for one's own…
By Jonathan Zhou, Fangda Partners, ShanghaiOn November 11 2002, the China Securities Regulatory Commission (CSRC), the Ministry of Finance (MOF) and the…