Capital Markets

• Amendments to Certain Articles of the Regulations Governing Securities Firms Announced by the Financial Supervisory Commission

Insurance

• Insurance enterprises are allowed to engage in RMB-denominated non-investment-linked life insurance business
• Partial Amendment to the Regulations Governing Business Solicitation, Policy Underwriting and Claim Adjusting of Insurance Enterprises
• Ruling to explain the scope of "other specified insurance products" under Paragraph 2 of Article 7 of the Regulations Governing Business Solicitation, Policy Underwriting and Claim Adjusting of Insura

Mergers and Acquisitions

• Bill of Amendment to the "Mergers and Acquisitions Act"

Corporate and Investment

• New Chinese Entry Law
• Amendments to Regulation Regarding the Taiwan Investments Made by Persons of Mainland Area
• Adoption of Flexible Par Vale of Shares
• New Rules Requiring Companies to Have Independent Directors
• New Rules Requiring Companies to Have Audit Committee

Banking and Finance

• The FSC stipulated the "Rules for Offshore Banking Unit Conducting Financial Derivatives Businesses"
• The FSC stipulated the "Negative-Listing Rules for Offshore Banking Unit of a Bank Conducting Financial Related Foreign Exchange Business"

Competition Laws

• The Act Governing Multi-Level Sales Will Be Enacted on 29 January 2014

Real Estate and Construction

• MOF Interpretation of the Scope of "Urban Land for which a Construction Permit may be Lawfully Issued" Prescribed by the Specifically Selected Goods and Services Tax Act