Applicable Laws/ Rules means the laws/ Rules of Islamic Republic of Pakistan/Punjab, as they may be issued and enforced from time to time. TRADES Regulations means the regulations of the United States Department of the Treasury, published at 31 C.F.R. Part 357, as amended from time to ti...
a. Basis for Approval of Proposed Reliability Standardb. Reliability Standards Development Procedure IV. Justification for Approval of the Proposed Reliability Standard V. Request for approval of Proposed NERC Rules ofProcedure Section 1700--Challenges to Determinations VI. Summary of the Reliability Stand...
China has an export control mechanism under the Export Control Law, and a technology import and export administration mechanism provided by the Foreign Trade Law. In “economic sanctions”, China’s tools include the Anti-Foreign Sanctions Law, the Rules on Counteracting...
The requirement of locking the shares held by promoters for a specified period from the company's inception can be traced back to the three-year lock-up period mandated in the 1993 Company Law. This provision was later amended...
Building upon the provisions of the Company Law Judicial Interpretation (III), the New Company Law provides for a more detailed procedure of forfeiture of rights of Defaulting Shareholders, which runs as follows: The Company Law Judicial Interpretation (III) mandates the convening of a shareholders...
Rules concerning jurisdiction by forum level and exclusive jurisdiction shall not be violated if a people’s court of the People’s Republic of China is chosen as the court having jurisdiction”. 14. See Wang Hanbin (1991) Preamble and Section 2, The Explanation on the Civil Procedure Law of...
In addition, as the financial consumer protection field continues to be subdivided, it is possible that the financial consumer protection will be jointly promoted by the general provisions of the People's Bank of China and the detailed rules of other regulatory authorities. Moreover, The Measures...
international and domestic best practices, it has also introduced some improved legal frameworks to the foreign-related civil procedure regime. As the 2023 Amendments approach the effective date, international parties with business in China are recommended to familiarise themselves with these ...
On one hand, many of the corporate governance rules are now made consistent for both types of companies: (1) under the current Company Law, a joint-stock company is required to have at least two shareholders, while a...
PRC Financial Regulation: Annual Report (2021) 45 4 Asset Management New Rules continue to be implemented and transitional period extended Following the issuance of implementation rules of the Asset Management New Rules (issued by multiple financial regulators in 2018) governing banks, securities firms...