Welcome to the tenth edition of Global asset management quarterly.
September 04, 2018
Following President Xi's announcement in his speech at Boao Forum in April 2018 that China would complete the amendments to the negative lists for foreign investment in the first half of the year, the National Development and Reform Commission and the Ministry of Commerce (MOFCOM) jointly promulgated the 2018 version of the Special Management Measures for the Market Entry of Foreign Investment (Negative List) (外商投资准入特别管理措施(负面清单) (2018年版)) (New National Negative List) and the 2018 version of the Special Management Measures for the Market Entry of Foreign Investment in Pilot Free Trade Zones (Negative List) (自由贸易试验区外商投资准入特别管理措施 (负面清单)(2018年版)) (New FTZ Negative List) on 28 June and 30 June 2018, respectively.
July 04, 2018
On 8 June 2018, China Banking and Insurance Regulatory Commission (CBIRC) published on its website the draft Decision of CBIRC on the Abolishment and Amendment of certain Regulations (Draft Decision) for public consultation. This represents a further step taken by the Chinese government to lift foreign shareholding restrictions in the financial services industry and to implement CBIRC’s financial reform roadmap as set out in the Measures on Facilitating the Further Opening-up of Banking and Insurance Sectors on 27 April 2018
June 11, 2018
Welcome to the ninth edition of Global asset management quarterly.
May 17, 2018
On 27 April 2018, various financial regulators in China promulgated new measures further opening up the financial services industry to foreign investment, regulating non-financial entities to invest into financial institutions and tightening up control over the conduct of asset management business by financial institutions.
May 04, 2018
On 19 March 2018, the People’s Bank of China (PBOC) issued Announcement No.7 of 2018 (the Announcement), which allows qualified foreign-invested enterprises (FIEs) to apply for payment business licences (Payment Licence) under the existing legal regime applicable to domestically-owned entities.
April 18, 2018
China’s new Anti-Unfair Competition Law (the New Law) was promulgated by the Standing Committee of the National People’s Congress on November 4, 2017 and will take effect from January 1, 2018, by which date the current version of the law promulgated back in 1993 will cease to be effective.
March 16, 2018
China’s new Anti-unfair Competition Law (the New Law) was promulgated by the Standing Committee of the National People’s Congress on 4 November 2017 and will take effect from 1 January 2018.
November 09, 2017
Antitrust fines very low at half-year mark; Taiwan Supreme Administrative Court upholds Taiwan Fair Trade Commission’s decision on industrial paper cartel
July 25, 2017
Merger remedies in China; Hong Kong Competition Commission publishes study on auto-fuel market
May 31, 2017
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