JC Master Legal News Issue 930

Key Takeaways for This Issue

The China Banking and Insurance Regulatory Commission has issued the “Notice on the Issuance of the Off-site Supervision Procedures for Financing Guarantee Companies.”

To comprehensively and thoroughly implement the Regulations on the Supervision and Administration of Financing Guarantee Companies (State Council Order No. 683) and to effectively carry out off-site supervision of financing guarantee companies, the Inter-Ministerial Joint Conference on the Supervision of Financing Guarantee Business has formulated the “Notice of the China Banking and Insurance Regulatory Commission on Issuing the Off-Site Supervision Procedures for Financing Guarantee Companies.”

Notice on Soliciting Public Comments on the “Administrative Measures for Information Disclosure by Listed Companies (Revised Draft)” (Draft for Public Comment)

To implement the spirit of the amendments to the Securities Law and further strengthen the regulation of information disclosure by listed companies, the China Securities Regulatory Commission has drafted the “Administrative Measures on Information Disclosure by Listed Companies (Revised Draft)” (Draft for Public Comment) and is now soliciting public feedback.

Movie theaters have resumed operations in an orderly manner, with tax and fee preferential policies providing targeted support to the film industry.

According to the “Notice on Orderly Resuming Cinema Operations under Regularized COVID‑19 Prevention and Control,” recently issued by the China Film Administration, low‑risk areas may resume operations in an orderly manner as of July 20, provided that all prevention and control measures are effectively implemented; medium- and high‑risk areas will remain closed for the time being.

Opinions of the Supreme People’s Court and the National Development and Reform Commission on Providing Judicial Services and Guarantees to Accelerate the Improvement of the Socialist Market Economy System in the New Era

In order to thoroughly implement the spirit of the “Opinions of the CPC Central Committee and the State Council on Accelerating the Improvement of the Socialist Market Economy System in the New Era,” to fully leverage the role of judicial functions, to foster a sound, rule-of-law‑based business environment conducive to high‑quality economic development, and to provide robust judicial services and safeguards for accelerating the improvement of the socialist market economy system in the new era, this Opinion has been formulated in light of the needs of economic and social development and the actual conditions of the people’s courts’ adjudication and enforcement work.