Legal news - Lexis China

Administration of Funds for Local Scientific and Technological Development under the Guidance of the Central Government to Be Strengthened [2019-10-14]

Summary:

The Ministry of Finance ("MOF") and the Ministry of Science and Technology ("MOST") have recently issued the revised Administrative Measures for Funds for Local Scientific and Technological Development under the Guidance of the Central Government (the "Measures"), with effect from January 1, 2020.

MOJ Sets and Issues Three Industry Standards Including Smart Correction - Technical Specification for Mobile Applications [2019-10-14]

Summary:

The Ministry of Justice ("MOJ") has recently issued three standards, namely Community-corrections Terminology, Technical Specification for Community-corrections Electronic Positioning Wrist Band and Smart Correction – Technical Specification for Mobile Applications (the "Specification"), all of which have taken effect immediately from the date of issuance.

SAMR to Standardize Supervision and Administration of Inspection and Testing Institutions [2019-10-14]

Summary:

The State Administration for Market Regulation ("SAMR") has recently drawn up and issued the Measures for Supervision and Administration of Inspection and Testing Institutions (Draft for Comment) (the "Draft for Comment") for public comment by November 13, 2019.

MOJ Clarifies 16 Public Legal Service Items [2019-10-14]

Summary:

The Ministry of Justice ("MOJ") has recently issued the List of Public Legal Service Items (the "List").

SASAC Pledges Accountability for State-owned Asset Losses Attributed to Central Enterprises [2019-10-14]

Summary:

The State-owned Assets Supervision and Administration Commission ("SASAC") of the State Council has recently issued the Interim Measures for Supervision and Administration of Execution of Budget Outlays for State-owned Capital Operation of Central Enterprises (the "Measures"), immediately effective from the date of issuance.

MEE Releases Standard for Pollution Control on the Hazardous Waste Landfill [2019-10-14]

Summary:

The Ministry of Ecology and Environment ("MEE") has recently issued the Standard for Pollution Control on the Hazardous Waste Landfill (Published Version) (the "Standard"), with effect from June 1, 2020.

Central Bank Seeks Opinions on Rules for Identification of Standardized Debt Assets [2019-10-14]

Summary:

The People's Bank of China ("PBC") has recently issued the Rules for Identification of Standardized Debt Assets (Draft for Comment) (the "Draft for Comment") for public comment by November 10, 2019.

High-quality Development of Agricultural Insurance to Be Accelerated [2019-10-12]

Summary:

Recently, four authorities including the Ministry of Finance ("MOF") have jointly issued the Guiding Opinions on Accelerating High-quality Development of Agricultural Insurance (the "Opinions").

SSE Updates and Improves Its Rules for Disciplinary Punishment, Reexamination and Hearings [2019-10-12]

Summary:

The Shanghai Stock Exchange ("SSE") has recently issued the Implementing Measures for Reexamination (Revised in 2019), the Implementing Measures for Disciplinary Punishments and Regulatory Measures (Revised in 2019) and the Implementing Rules for Self-regulation Hearings (Revised in 2019) (collectively as "Business Rules"), all of which have taken effect immediately from the date of issuance.

CBIRC to Strengthen Administration of Withdrawal from Duty Performance for Employees of Banks and Insurance Institutions [2019-10-12]

Summary:

The China Banking and Insurance Regulatory Commission ("CBIRC") has recently drafted and issued the Guiding Opinions on Withdrawal from Duty Performance for Employees of Banks and Insurance Institutions (Draft for Comment) (the "Draft for Comment") for public comment by November 12, 2019.

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