JC Master Legal News Issue 938

Key Takeaways for This Issue

The China Securities Regulatory Commission is soliciting public comments on the “Regulations on the Registration and Management System for Persons with Access to Inside Information of Listed Companies (Draft for Comments).”

The China Securities Regulatory Commission has revised the “Regulations on the Establishment of a Registration and Management System for Persons with Access to Inside Information of Listed Companies,” originally issued in 2011, and has formulated the “Regulations on the Registration and Management System for Persons with Access to Inside Information of Listed Companies (Draft for Public Comment).” The draft is now being made public for public consultation.

The China Securities Regulatory Commission is soliciting public comments on the “Administrative Measures for Credit Rating Business in the Securities Market” (Draft for Comments).

To implement the new Securities Law and further standardize credit rating activities in the securities market, our Commission has revised the Interim Measures for the Administration of Credit Rating Activities in the Securities Market (CSRC Order No. 50, hereinafter referred to as the “Interim Measures”). The full title of the revised Interim Measures is proposed to be amended to the Measures for the Administration of Credit Rating Activities in the Securities Market.

The China Securities Regulatory Commission has issued the “Decision on Amending the Regulations on Strengthening the Supervision of Listed Securities Companies.”

To further implement the requirements of “delegation, regulation, and service,” optimize the information disclosure mechanisms of listed securities offices, and in light of relevant provisions of the new Securities Law, the China Securities Regulatory Commission revised the Regulations on Strengthening the Supervision of Listed Securities Offices on September 18, 2020.

The Supreme People’s Court and the Supreme People’s Procuratorate have issued the “Interpretation on Several Issues Concerning the Specific Application of Law in Handling Criminal Cases Involving Infringement of Intellectual Property Rights.”

To further strengthen criminal judicial protection of intellectual property, effectively combat crimes infringing upon intellectual property rights, safeguard the order of the market economy, and continuously enhance the level of legal protection for intellectual property in China, the Supreme People’s Court and the Supreme People’s Procuratorate issued on December 21 the “Interpretation on Several Issues Concerning the Specific Application of Law in Handling Criminal Cases Involving Infringement of Intellectual Property Rights” (hereinafter referred to as the “Interpretation”), which was scheduled to take effect on December 22, 2004.