NEWS
On April 1, 2020, the UK Supreme Court ruled that the famous superstore, Morrisons was not “vicariously liable” for the leak actions of Andrew Skelton, who intentionally disclosed staff information. Skelton was the internal audit staff at the Morrisons, and was in charge of sending the staff information, including payroll data, to external audit institutions.
The State Administration of Foreign Exchange issued “Provisions on Foreign Exchange Control for Cross-border Guarantees” (“the Provisions”) on June 1, 2014, provided that cross-border guarantees refers to a legally binding guarantee made in writing by the guarantor to the creditor.....
There is no official definition for ‘Chinese Government Industrial Guiding Fund’ (hereinafter as Guiding Fund). The Guiding Fund usually refers to the government makes investment in order to attract financial institutions and social capital to jointly set up a fund.....
In recent years, cross-border services have grown rapidly, but due to the complex provisions of Chinese domestic and international tax systems, both parties to the agreement may lack professional guidance when signing the agreement and they have not fully considered the impact of taxes on the service price.....
In view of the rapid spread of COVID-19 across the world, Ministry of Foreign Affairs and National Immigration Administration of The People's Republic of China (PRC) issued the “Announcement on the Temporary Suspension of Entry by Foreign Nationals Holding Valid Chinese Visas or Residence Permits″ ( this Entry Announcement) on March 26, 2020.