National new regulations
Cancellation of restrictions on foreign shares ratio of securities companies
According to the information released by CSRC on March 13, the restriction on the ratio of foreign shares of securities companies will be cancelled from April 1, 2020. Qualified foreign investors can submit an application for establishing a securities company or changing the actual controller of the company in accordance with the requirements of laws and regulations, relevant provisions of CSRC and relevant service guidelines.
Li Zhan, chief economist of Zhongshan securities, said that the entry of foreign financial institutions will bring incremental capital, advanced technology and risk control management experience to China, contribute to the construction of domestic capital market, guide the transformation of market investment style, and help domestic financial institutions improve their comprehensive strength and grow stronger.
The new version of the regulations on the procedures for the formulation of securities and Futures Rules shall come into force on April 13
On March 13, the CSRC issued the revised regulations on the procedures for the formulation of securities and futures regulations, which shall come into force on April 13, 2020. According to reports, the new version of the regulations on the procedures for the formulation of securities and futures regulations not only divides the original chapter “drafting and review” into two chapters, “drafting” and “review”, but also maintains the original framework structure. In terms of articles, the number of articles increased from 40 to 41, with 28 major modifications and 5 additions.
The main contents of the amendment include: first, strengthening the leadership of the legislative work. For example, the annual rule making work plan shall be approved, and the temporary supplementary rules shall be standardized. The second is to modify and supplement the new regulations in accordance with the requirements of the regulations. For example, it is emphasized that the formulation of rules should conform to the provisions of the superior law; the annual work plan for the formulation of rules should be released to the public, etc. The third is to improve the legislative procedure mechanism of CSRC in combination with practical experience. For example, if important or comprehensive regulations are stipulated, the legal system organ may draft them or organize a special working group to draft them together.
Etc customer can issue electronic toll invoice
Ministry of transport and State Administration of Taxation issued the announcement on issues related to the issuance of toll road toll value-added tax e-common invoice, which clarified the coding rules, the object of issuance, the process of issuance and the types of e-toll invoice, and published the sample of e-toll invoice. The announcement shall come into force on April 1, 2020.
Among them, the issuing object of toll electronic invoice is the customer handling etc card. For the specific handling process and relevant requirements of etc card, please consult the etc customer service organization of each province (District, city). Customers who have not applied for etc card shall still pay the toll and ask for the ticket in the original way. The invoice code of toll electronic invoice is 12 digits, and the coding rules are: the first digit is 0, the second to the fifth digit represents provinces, autonomous regions, municipalities directly under the central government and cities specifically listed in the plan, the sixth to the seventh digit represents the year, the eighth to the tenth digit represents the batch, and the eleventh to the twelfth digit represents 12. The invoice number is 8 digits, which is prepared by year and batch.
No eating in metro train, no sound from electronic equipment
The measures for the management of urban rail transit passenger transport organization and service issued by the Ministry of transport on October 18, 2019 will come into effect on April 1, 2020. The measures specifies the specific requirements of passenger behavior specifications, stipulates that passengers should abide by the ticketing management regulations, and defines 10 types of prohibited behaviors that affect the operation safety, as well as 7 types of binding behaviors that affect the order.
Among them, the 7 types of binding behaviors specified in the measures are: scribbling, depicting, or posting and hanging articles without permission in the station or train; carrying animals (except guide dogs and military police dogs) to enter the station and ride, carrying articles with serious odor and irritant odor to enter the station and ride; promoting products or engaging in marketing activities, begging, performing arts and singing and dancing performances, loud noise and noise Noise is emitted when using electronic equipment; riding balance car, electric vehicle (excluding booster car for the disabled), bicycle, skateboard and skate; eating in the train (except for infants and patients); spitting, defecating, spitting gum, littering peel, paper scraps and other wastes, lying down or trampling on seats; other behaviors disturbing passengers in the station and train.
Forgery or alteration of “visa office card” will be dealt with in accordance with laws and regulations
On March 10, the Ministry of culture and tourism printed and distributed the regulations on the use and management of visa special office card of outbound tourism group. The regulations made it clear that visa special office card refers to the application of outbound tourism group visa to the embassies and consulates of outbound tourism destination countries and regions in China for the convenience of outbound tourism group according to the bilateral tourism agreements signed between China and relevant countries and regions The certificate printed by the Bureau of international exchange and cooperation to prove the identity of the tourist visa handler of the outbound tourism group to the embassies and consulates in China.
According to the provisions, if an outbound tourism group or visa office uses the visa office card to cheat others to leave the country in the name of tourism, the administrative department of culture and tourism will suspend its operation of outbound tourism business or cancel its qualification for operation of outbound tourism business according to law. The cultural and tourism administrative departments shall seriously deal with the forgery and alteration of visa office cards by outbound travel agencies, relevant units and individuals in accordance with laws and regulations. The regulations shall come into force on April 1, 2020.