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The Hong Kong Institute of Company Secretaries

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The Hong Kong Institute of Company Secretaries

    China BBU No. 1 (2007)

1. Anti-Money Laundering Law of the PRC

     Issuing Authority : Standing Committee of National People’s Congress

     Date of Issuance : Oct. 31, 2006

     Effective Date : Jan. 1, 2007

     http://www.gov.cn/ziliao/flfg/2006-10/31/content_429381.htm

2. Decision by Standing Committee of National People's Congress on

    Amending the Banking Supervision Law of the PRC

     Issuing Authority : Standing Committee of National People’s Congress

     Date of Issuance : Oct. 31, 2006

     Effective Date : Jan. 1, 2007

     http://www.gov.cn/ziliao/flfg/2006-10/31/content_429411.htm

3. First Hearing for the Draft Unified Tax Law by the Standing Committee of

    the National People's Congress the Unified Tax Rate Is Set at 25%

    25%

     http://www.gov.cn/jrzg/2006-12/25/content_477419.htm

4. Implementing Rules of the Administrative Regulations on Foreign-invested

    Banks

     Issuing Authority : Chinese Banking Regulatory Commission

     Date of Issuance : Nov. 24. 2006

     Effective Date : Dec. 11, 2006

     http://www.gov.cn/banshi/2006-11/29/content_456207.htm

     http://www.chinacourt.org/flwk/show1.php?file_id=114398

5. Measures on Supervision of Qualifications for Directors, Supervisors and

    Senior Management Personnel of Securities Companies

     Issuing Authority : China Securities Regulatory Commission

     Date of Issuance : Nov. 30. 2006

     Effective Date : December 1. 2006

     http://www.chinacourt.org/flwk/show1.php?file_id=114498

    3/F, Hong Kong Diamond Exchange Building, 8 Duddell Street, Central, Hong Kong

     Tel: (852) 2881-6177 Fax: (852) 2881-5050

    Website: http://www.hkics.org.hk Email: ask@hkics.org.hk

6. Notice on Fulfillment of Financial and Accounting Information Disclosures

    Related to the New Accounting Standards

     Issuing Authority : Securities Regulatory Commission

     Date of Issuance : Nov. 27, 2006

     Effective Date : Nov. 27, 2006

     http://www.gdicpa.org.cn/purviewrule.asp?id=1266&ClassMark=114,137

7. Administrative Measures on Risk Management Standards for Futures

    Companies (Draft for Comments)

     Issuing Authority : China Securities Regulatory Commission

     Date of Issuance : Nov. 26, 2006

     http://www.fdi.gov.cn/pub/FDI/zcfg/law_ch_info.jsp?docid=66838

8. Notice on Certain Opinions Regarding Strengthening the Credit Guarantee

    Systems of Small and Medium-Sized Enterprises

     Issuing Authority : State Development and Reform Commission, Ministry of

    Finance, People’s Bank of China, State Administration of

    Taxation, China Banking Regulatory Commission

     Date of Issuance : Nov. 23, 2006

     Effective Date : Nov. 23, 2006

     http://www.gov.cn/zwgk/2006-12/01/content_459533.htm

9. Notice on Improving System of Information Disclosure and Trading

    Suspension for Corporate Bonds

     Issuing Authority : Shanghai Stock Exchange

     Date of Issuance : Nov. 22, 2006

     Effective Date : Nov. 22, 2006

     http://www.sse.com.cn/cs/zhs/xxfw/flgz/rules/sserules/sseruler20061122.htm

10. Notice on Establishment of Judicial Recognition Record Filing System for

    Well-Known Trademarks

     Issuing Authority : Supreme People’s Court

     Date of Issuance : Nov. 12, 2006

     Effective Date : Nov. 12, 2006

     http://www.lingbi.gov.cn/Article_Show.asp?ArticleID=5887

    3/F, Hong Kong Diamond Exchange Building, 8 Duddell Street, Central, Hong Kong

     Tel: (852) 2881-6177 Fax: (852) 2881-5050

    Website: http://www.hkics.org.hk Email: ask@hkics.org.hk

11. Notice on Issues Concerning the Adjustment of Land Use Fees Policy on

    Land Designated for Construction

     Issuing Authority : Ministry of Finance, Ministry of Land and Resources,

    Peoples Bank of China

     Date of Issuance : Nov. 7, 2006

     Effective Date : Nov.7, 2006

     http://www.mof.gov.cn/news/20061120_2253_21714.htm

12. Decision by Standing Committee of National People's Congress on

    Approval of 1981 Convention Concerning Occupational Safety, Health and

    Work Environment

     1981

     Issuing Authority : Standing Committee of National People’s Congress

     Date of Issuance : Oct. 31, 2006

     http://www.gov.cn/gongbao/content/2006/content_464338.htm

13. Guidelines on Risk Management of Information Systems for Banking

    Financial Institutions

     Issuing Authority : China Banking Regulatory Commission

     Date of Issuance : Sep. 7, 2006

     Effective Date : Sep. 7, 2006

     http://www.gov.cn/gzdt/2006-11/02/content_430776.htm

14. Regulations of Shanghai Municipality on the Prevention of Environmental

    Pollution from the Disposal of Medical Waste

     Issuing Authority : Shanghai Municipal People’s Government

     Date of Issuance : Nov. 2, 2006

     Effective Date : March 1, 2007

     http://www.shanghai.gov.cn/shanghai/node2314/node2319/node12344/userobject2

    6ai9146.html

15. Approval Measures Regarding Adoption of Non-Fixed Working Hours and

    Cumulatively Calculated Working Hours by Enterprises in Shanghai

     Issuing Authority : Shanghai Municipal Bureau of Labor and Social Security

     Date of Issuance : Nov. 10, 2006

     Effective Date : Jan. 1, 2007

     http://www.12333.gov.cn/zcfg/list_query.jsp

    3/F, Hong Kong Diamond Exchange Building, 8 Duddell Street, Central, Hong Kong

     Tel: (852) 2881-6177 Fax: (852) 2881-5050

    Website: http://www.hkics.org.hk Email: ask@hkics.org.hk

16. Implementing Measures of Shenzhen Municipality on Work Permits for

    Foreign Experts Working in China

     Issuing Authority : Bureau of Personnel of Shenzhen Municipality

     Date of Issuance : Nov. 12, 2006

     Effective Date : Nov. 12, 2006

     http://www.sz.gov.cn/zwgk/zfgb/524/200611/t20061109_152540.htm

17. Regulations of Guangzhou Municipality on Encouraging the Establishment

    of Headquarters and Regional Headquarters by Foreign Investors

     Issuing Authority : Guangzhou Municipal People’s Government

     Date of Issuance : Oct. 16, 2006

     Effective Date : Oct. 16, 2006

     http://www.gzboftec.gov.cn/articles/2006-11/19926.htm

    3/F, Hong Kong Diamond Exchange Building, 8 Duddell Street, Central, Hong Kong

     Tel: (852) 2881-6177 Fax: (852) 2881-5050

    Website: http://www.hkics.org.hk Email: ask@hkics.org.hk

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