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On May 13, 2009, the China Securities Regulatory Commission (CSRC) revised certain provisions of the Administrative Measures on the Sponsorship Business for the Issuance and Listing of Securities
On May 4, 2009, the PRC Ministry of Finance (MOC) and State Administration of Taxation (SAT) jointly issued the Circular on Relevant Issues Regarding Payment in Installments of Individual Income Tax for Stock Options Exercised by Executives of Listed Companies
In order to broaden the scale of bond issuance and to develop the use of certain bonds in financing debts, the China Securities Regulatory Commission (CSRC) and the China Bank Regulatory Commission (CBRC) lifted a thirteen-year ban that prohibited commercial banks from participating in bond trading on stock exchanges
On June 10, 2009, the China Securities Regulatory Commission (CSRC) issued the Guiding Opinions on Further Reforming and Improving the New Stock Issuance System, which took effect on June 11, 2009
