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Enterprise Compliance Series | Talking about Key Compliance Areas in the Film, Television, Culture, and Entertainment Industry from Zhang Ting, Lin Ruiyang's Suspected MLM Event
2022 04/28Author:Peng MeiyangRecently, Zhang Ting and Lin Ruiyang were once again on the hot search list. According to relevant media reports, the Darway company founded and operated by Zhang Ting and Lin Ruiyang was suspected of engaging in pyramid selling activities, resulting in the closure of 96 properties held by the company's wholly-owned subsidiaries, Shanghai Zhenhong Biotechnology Co., Ltd. and Shanghai Giant Yiwang Industrial Co., Ltd., with a value of 1.7 billion yuan. From the end of 2021 to the beginning of 2022, our compliance team introduced issues related to corporate compliance construction regarding the suspected pyramid selling incident of Zhang Ting Lin Ruiyang Company. This article will then explore issues related to key compliance areas in the film and television entertainment industry through this event. -
Epidemic Related Legal Practice Series | Brief Analysis of Commercial Housing Lease Contract Disputes in Shanghai during the Epidemic Period
2022 04/28Author:Lu JunchengIn the early spring of 2022, novel coronavirus broke out again in Shanghai. The prevention and control measures taken to prevent the rapid spread of the Omicron virus also had an inevitable impact on the production and operation of most enterprises. On April 10, 2022, the Shanghai Higher People's Court issued the Third Series of Questions and Answers on the Application of Law in Cases Involving the COVID-19 (2022 Edition), explaining the core issues in disputes over commercial housing lease contracts during the epidemic. To help you gain a deeper understanding, this article briefly analyzes relevant judicial cases in this city before, and hopes to correct any shortcomings. -
Inventory 2021 - A Year of Patent Protection Events
2022 04/26Author:Liu Danni2021 is the first year of the "14th Five Year Plan". Although we need to face the impact of the COVID-19, on the basis of multiple factors such as policy measures, market environment, and enterprise demand, China's patent industry has still delivered a brilliant report card. On the occasion of the upcoming World Intellectual Property Day and the official launch of the National Intellectual Property Publicity Week, I have summarized a number of important events that I believe occurred in the patent field in China in 2021 based on the timeline for the benefit of readers. -
Corporate Compliance Series | Which corporate crime cases can be applied to corporate compliance?
2022 04/25Author:Dong Xiaohua 、Zhu TingThe pilot work of the compliance reform of enterprises involved in the case has been quietly carried out from within the procuratorial organs, to a groundbreaking event in the practical and theoretical circles, triggering widespread attention and heated discussion from all walks of life in the society, and to the comprehensive promotion of the procuratorial organs throughout the country. A significant measure and system for equal protection of the legitimate rights and interests of enterprises has been formed. So, can enterprises, entrepreneurs, and relevant responsible persons involved in enterprise related crimes apply this reform system in order to obtain the treatment of non arrest, non prosecution, and probation? The answer is no, let's take a specific look. -
Epidemic Related Legal Practice Series | Legal Risks of Community Group Buying in Shanghai during the Epidemic Period (Part 2)
2022 04/24Author:Song WenqiDue to the impact of the new variant of COVID-19, Shanghai recently pressed the "pause button". During the period of epidemic control, the majority of residents actively responded to the call to cooperate with the policy, and made their own contributions to the goal of "dynamic zeroing" in Shanghai. I believe that under the leadership of the Party and the government, the people of Shanghai will unite as one, and the goal of victory will eventually be achieved, and Shanghai, a great city, will also bloom again. -
Epidemic Related Legal Practice Series | Legal Risks of Group Buying in Shanghai Communities during the Epidemic Period (Part 1)
2022 04/22Author:Song WenqiDue to the impact of the new variant of COVID-19, Shanghai recently pressed the "pause button". During the period of epidemic control, the majority of residents actively responded to the call to cooperate with the policy, and made their own contributions to the goal of "dynamic zeroing" in Shanghai. I believe that under the leadership of the Party and the government, the people of Shanghai will unite as one, and the goal of victory will eventually be achieved, and Shanghai, a great city, will also bloom again. -
Corporate Compliance Series | Procedural Essentials for Applying Criminal Compliance to Enterprises from the Top Ten Typical Cases
2022 04/21Author:On the morning of April 2, 2022, the Supreme People's Procuratorate and the All-China Federation of Industry and Commerce held a special meeting to officially announce the "official announcement" - the pilot of the compliance reform of enterprises involved in the case was fully launched in the national procuratorial organs. In other words, since April 2, criminal compliance work will no longer be carried out only in pilot procuratorial organs. Procuratorial organs throughout the country can carry out criminal compliance work on enterprises involved. Currently, the procuratorial organs of 10 pilot provinces have handled 766 cases involving enterprise compliance, including 503 cases where the third-party supervision and evaluation mechanism (hereinafter referred to as the "third-party mechanism") is applicable; The procuratorial organs of some non pilot provinces have actively explored and promoted relevant work within the framework of the pilot documents based on local conditions, handling 223 compliance cases, including 98 cases applicable to third-party mechanisms. The types of cases are constantly enriched and expanded. -
An Analysis of the Latest Regulations on QFLP Funds in the Detailed Rules of the Beijing Administration of Foreign Exchange
2022 04/20Author:Xian YuOn April 6, 2022, the Beijing Administration of Foreign Exchange further issued the "Notice on Printing and Distributing the" Implementation Rules for the Pilot Policy of Deepening Capital Account Facilitation Reform in Beijing "(the" Implementation Rules "), which is another major policy update following the" Notice on Further Improving the Capital Account Facilitation Level in Beijing "issued by the Beijing Administration of Foreign Exchange on March 10, 2020. The implementation rules aim to further enhance the level of cross-border investment and financing facilitation in Beijing, promote the expansion and opening up of the capital's financial industry, and assist in the construction of the comprehensive demonstration zone for the expansion and opening up of the national service industry and the China (Beijing) Pilot Free Trade Zone. The implementation rules include nine chapters, which mainly include expanding the pilot scope of one-time registration of foreign debts, simplifying the management of foreign debt accounts, simplifying the foreign exchange management of the qualified overseas limited partner system, simplifying the foreign exchange registration management of overseas listing of domestic companies, simplifying the foreign exchange registration management of foreign employees of domestic listed companies participating in equity incentive plans, and expanding the pilot scope of domestic and foreign currency integrated fund pools for multinational companies Institutional innovations have been made in matters such as in-process and post event supervision and risk prevention and control, and one-time registration of foreign debts of enterprises in the Beijing Free Trade Zone, the Qualified Foreign Limited Partner System (QFLP) in Beijing, the registration, change, and cancellation of overseas listing of domestic companies in Beijing, and the registration, change, and cancellation of participation of foreign employees in equity incentive plans of domestic listed companies in Beijing, Specific business guidelines have been issued in the form of annexes to the implementation rules for the five businesses of multinational companies' local and foreign currency integrated fund pools. The relevant provisions of the Implementation Rules and its annex, "Guidelines for the Pilot Foreign Exchange Management of the Qualified Foreign Limited Partner System (QFLP) in Beijing" ("QFLP Foreign Exchange Guidelines"), further clarify the relevant landing issues of QFLP funds in Beijing. This article will attempt to provide a brief introduction to the QFLP foreign exchange guidance in conjunction with the "Interim Measures for Conducting Qualified Foreign Limited Partners Pilot Projects in this City" (the "Interim Measures") issued by the Beijing Local Financial Supervision and Administration Bureau and the Beijing Municipal Market Supervision and Administration Bureau on May 6, 2021. -
Epidemic Related Legal Practice Series | Labor Employment and Related Litigation and Arbitration Legal Issues during the Epidemic Period
2022 04/19Author:Gaopeng (Shanghai) Law Firm Banking Finance Team1、 Q&A on wages of workers during the epidemic
Question 1: How to calculate the wages and benefits of workers during the period of legal isolation?