PBOC defines market dominance for non-bank payment institutions. There are stricter rules on using the word "China" and its variants in an enterprise's name. Market makers will no longer be set by product.
Liu Siyuan of Jingtian & Gongcheng Law Firm discusses the revised Securities Law and the rules issued by the Supreme People's Court that provide support for the implementation of a securities class action legal system in China, and the benefits and difficulties for investors and listed companies in future litigation.
Zaiguang Lu and Charles Wu of Han Kun Law Offices review 2020's significant legislative developments affecting China's private equity and venture capital industry, and offer insights on the key trends, challenges and opportunities in the sector.
Sanctions and export controls remained the primary tools of the Trump administration for restricting Chinese entities' access to U.S. technology. The administration has fine-tuned export controls to extend U.S. jurisdiction to more transactions, a primary focus being Chinese companies with military ties due to China's state policy of military-civilian fusion.
Nine more Chinese companies added to U.S. military company list; Commerce Dept. names China a foreign adversary, setting stage for tech transaction restrictions; and EU chamber report cites digital decoupling as biggest threat to EU companies
QFIIs are qualified investors of private investment funds, online small loan business is added to the scope of financial institutions for regulation of their anti-money laundering management and insurance asset management are graded by their risk control levels.