By Roberto Pomares and Germán Cabrera King & Wood Mallesons’

2017年8月30日,银监会发布了《关于印发信托登记管理办法的通知》(银监发[2017]47号)以及银监会有关部门负责人就《信托登记管理办法》答记者问。《信托登记管理办法》自2017年9月1日起施行,配套的信托登记系统也将同日正式上线运行。本文拟从不同纬度梳理《信托登记管理办法》中提出的登记相关操作程序及具体要求,并探讨了值得关注和后续待监管进一步明确的相关问题。
Continue Reading Nondistribution of Dividends & Shareholders’ Right of Separation

By Zhang Baosheng, a partner of King & Wood’s Dispute Resolution Group

In 2005, China amended its Company Law(1)and made substantial adjustments to the State’s company law system and strengthened the justiciability of company related disputes. However, some provisions of the amended Company Law are overly general, conceptual and declaratory, and as a result it is not uncommon to find disparate outcomes in similarly situated cases. In order to ensure uniform understanding and application of the Company Law and provide guidance for judicial practice and commercial activities, the Supreme People’s Court (the "Supreme Court") issued two judicial interpretations of the Company Law(2), mainly clarifying certain fundamental principles of applying the Company Law and specific matters like dissolution and liquidation of companies.Continue Reading The Supreme People’s Court and the Company Law: Presumptions and Gap-filling Round Three