JC Master Legal News Issue 921

Key Takeaways for This Issue

The China Securities Regulatory Commission is soliciting public comments on the “Decision on Amending the Regulations on Categorized Supervision of Securities Companies.”

Recently, in order to optimize the classified regulatory framework for securities offices, enhance their risk-management capabilities, and guide the industry toward differentiated development, the China Securities Regulatory Commission has revised relevant provisions of the “Regulations on Classified Supervision of Securities Offices” and is now soliciting public comments.

The National Development and Reform Commission and five other departments have jointly issued the Implementation Opinions on Supporting the Healthy Development of Private Energy-Saving and Environmental Protection Enterprises.

To thoroughly implement the spirit of General Secretary Xi Jinping’s important speech at the symposium on private enterprises and to carry out the “Opinions of the CPC Central Committee and the State Council on Creating a Better Development Environment to Support the Reform and Development of Private Enterprises” (Document No. 49 [2019] of the CPC Central Committee), while coordinating efforts to control and prevent the epidemic and promote economic and social development, the National Development and Reform Commission, the Ministry of Science and Technology, the Ministry of Industry and Information Technology, the Ministry of Ecology and Environment, the China Banking and Insurance Regulatory Commission, and the All-China Federation of Industry and Commerce—six departments in total—recently jointly issued the “Implementation Opinions on Creating a Better Development Environment to Support the Healthy Development of Private Energy‑Saving and Environmental‑Protection Enterprises.”

The Ministry of Finance, the State Taxation Administration, and the Ministry of Civil Affairs have issued an announcement regarding matters related to the pre-tax deduction of charitable donations.

Recently, the Ministry of Finance, the State Taxation Administration, and the Ministry of Civil Affairs issued an announcement regarding matters related to the pre-tax deduction of charitable donations.

The Supreme People’s Procuratorate has issued 25 stringent regulations to provide comprehensive oversight of the handling of cases involving guilty pleas and acceptance of punishment.

To improve the oversight mechanism for the exercise of procuratorial powers in handling cases involving guilty pleas and acceptance of punishment, and to strengthen the prevention and control of integrity risks in prosecutors’ case handling, the Supreme People’s Procuratorate recently formulated and promulgated the “Measures for the Supervision and Administration of Cases Involving Guilty Pleas and Acceptance of Punishment by People’s Procuratorates” (hereinafter referred to as the “Measures”).

Explanation on the Draft Civil Code of the People’s Republic of China

The compilation of the Civil Code is a major political and legislative task set forth at the Fourth Plenary Session of the 18th CPC Central Committee, and a significant initiative for advancing the rule of law adopted by the Party Central Committee with Comrade Xi Jinping at its core.