Yearly Archives: 2020
On 13 January 2020, TAI FSC issued rules on information to be disclosed. Public companies are to report and upload to the Market Observation Post Station (MOPS) matters that should be announced or disclosed in accordance with law. Information to be Disclosed Equity information; treasury shares; financial information and internal control; solicitation, issuance and private…
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On 9 January 2020, SGX adopts risk-based approach to quarterly reporting. Apply quarterly reporting (QR) requirements only for companies associated with higher risks while strengthening continuous disclosure requirements on all listed companies. Set out expectations on companies’ handling of material information, and established whistleblowing office to address tipoffs, feedback, complaints and short-seller reports. Quarterly Reporting…
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On 9 January 2020, CHI NDRC answered reporters' questions on foreign investment law. Answered why implementation regulations have to be concurrently implemented with law; rationale and consultation process behind formulating implementation regulations. Spoke about areas in which implementation regulations help to promote, and details of investment protection regulations that are of great concern to foreign…
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On 6 January 2020, CHI NDRC published interpretations of the foreign investment law. Elaborated on provisions of the law, purpose, background, 5 year transitional period. Promulgation of foreign investment law and its implementation regulations is the result of the continuous reform of the foreign investment management system in China. Creating fair-competition business environment is main…
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On 6 January 2020, ESMA issued report, guide, clarified SFTR reporting rules. ESMA published final report, guidelines on SFTR reporting together with amended validation rules and a statement on the use of legal entity identifiers (LEI). Follows ESMA May 2019 proposed guidance on finance transactions. Follows ESMA October 2019 issued validation rules, xmls for SFTR…
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On 6 January 2020, CHI SAFE issued report for foreign firms investment. CHI SAMR and CHI SAFE jointly launched annual report on foreign firms investment. Follows the implementation of foreign investment law on 1 January 2020. Foreign Investment Foreign-invested enterprises established in China before 31 December 2019 should use national enterprise credit information publicity system…
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