Sun, 21 Nov 2021 China Law in One Minute Meng Yu 余萌
Generally speaking, there is little inheritance tax payable by heirs in China. Because, in China, heirs do not need to pay inheritance tax, except for some other taxes and fees, which are comparatively small.
Sat, 20 Nov 2021 China Legal Trends CJO Staff Contributors Team
In October 2021, the PBC and CBIRC jointly issued the “Regulations on Additional Supervision of Systemically Important Banks (For Trial Implementation)” (系统重要性银行附加监管规定(试行)), which constitutes the last piece of the puzzle of the systemically important banks regulatory system.
Sat, 20 Nov 2021 China Legal Trends CJO Staff Contributors Team
In October 2021, CBIRC issued the “Provisional Rules on Major Shareholders Conduct of Banking and Insurance Institutions (For Trial Implementation)” (银行保险机构大股东行为监管办法(试行)), which regulates the conducts of major shareholders in participating corporate governance.
Sat, 20 Nov 2021 China Legal Trends CJO Staff Contributors Team
In October 2021, China Securities Regulatory Commission and the Ministry of Justice jointly issued the “Opinions on Launching Pilot Program on Arbitration in Securities and Futures Industries” (关于依法开展证券期货行业仲裁试点的意见).
Fri, 19 Nov 2021 China Legal Trends CJO Staff Contributors Team
In September 2021, the SPP issued the revised “Provisions of the People’s Procuratorate on Case Information Disclosure” (人民检察院案件信息公开工作规定), which expands the scope of disclosure of case information by the procuratorates.
Fri, 19 Nov 2021 Insights Meng Yu 余萌
The Supreme People’s Court published the Annual Report on Judicial Review of Commercial Arbitration (2019). Cases relating to judicial review of foreign-related arbitration agreements in 2019 are introduced in Part Three.
Fri, 19 Nov 2021 Insights Meng Yu 余萌
The Supreme People’s Court published the Annual Report on Judicial Review of Commercial Arbitration (2019). Cases relating to recognition and enforcement of foreign arbitral awards in 2019 are introduced in Part Three.
Fri, 19 Nov 2021 Insights Meng Yu 余萌
The Supreme People’s Court published the Annual Report on Judicial Review of Commercial Arbitration (2019), Part One of which presents a legal framework of arbitration in China.
Fri, 19 Nov 2021 Insights Meng Yu 余萌
The Supreme People’s Court published the Annual Report on Judicial Review of Commercial Arbitration (2019). The first of its kind, the Report documents Chinese courts’ pro-arbitration stance and decisions.
Fri, 19 Nov 2021 Insights Meng Yu 余萌
It costs less to sue in Chinese courts. Moreover, Chinese courts are trustworthy for the enforcement of commercial contracts.