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On 19 January 2015, the Ministry of Commerce (MOFCOM) published the draft PRC Foreign Investment Law (the ‘Draft’) along with an explanation paper, and called for opinions from the public.
This article outlines the draft guidelines and briefly looks at issues of specific concern to the construction industry in Hong Kong.
Following the Wein Review, the new Franchising Code of Conduct has been released and, assuming it is enacted, will take effect on 1 January 2015.
In November 2013, ASIC announced a review of its regulatory guide and class order for employee incentive schemes in the form of ASIC consultation paper CP 218.
As part of the higher-education funding reforms announced in the 2014–15 budget, the government announced that existing price caps on university fees will be removed.
John Elias and Struan Lloyd share insights into how the new regime will apply to Australian entities and some of the issues that are likely to arise.
The draft CPR Report proposed guiding principles for a new intergovernmental agreement to establish choice and competition principles in human services.
The government announced an independent review of the integrity of the Subclass 457 programme on 25 February 2014.
The Competition Policy Review panel has recommended that the regulatory functions of the ACCC be spun off into a new national access and pricing regulator.
At the Competition Policy Review International Conference in Canberra on 23 October, partner Paul Schoff took part in a panel on Competition Laws and Regulatory Institutions.
The Queensland government has released consultation drafts of the Planning and Development Bill 2014 and the Planning and Environment Court Bill 2014.
SAFE has announced reforms to its foreign exchange administration in order to make it easier for Chinese individuals and companies to invest abroad.
Competition regulators maintain vigilance on combating cartels and facilitating a healthy global business environment
Regulators around the world remain focused on the impact of cartels on business, and the Australian Competition and Consumer Commission is no exception.
After launching the Shanghai pilot free-trade zone nine months ago, the Shanghai government has released the 2014 Negative List.
A new derivative reporting regime will commence in Australia in 2015.
This edition of Governance News provides a synopsis of Minter Ellison’s weekly summary of corporate law and governance developments in Australia and overseas.
The deadline for employers to report share-based awards is approaching. The ATO is increasing its focus on ESS reporting compliance so employers should be aware of some of the traps.
The Corporations Amendment (Streamlining Future of Financial Advice) Regulation 2014 was made on 26 June and registered on 30 June.
The much anticipated Public Governance, Performance and Accountability Act 2013 (PGPA Act) came into effect on 30 June 2014.
The Treasury of the Australian government has released a consultation paper on providing certainty for contractual loss absorption provisions in regulatory capital.