What new regulations will be implemented from November 2017?

165438 October 1 is coming, and a batch of new laws and regulations will be implemented. What impact will it have on your life?

1. Internet domain name management measures are promulgated, and domain name registration requires real names.

On September 1, the Ministry of Industry and Information Technology announced the revised "Internet Domain Name Management Measures", requiring registered domain names to provide service providers with true, accurate and complete identity information of the domain name holder and other domain name registrations information. This regulation will be implemented from June 165438 to October 1st.

The revisions mainly include: clarifying the division of responsibilities between the Ministry and the Provincial Communications Administration; improving the domain name service licensing system; standardizing domain name registration service activities; improving domain name registration information registration and personal information protection systems; strengthening post-event supervision .

Hiring a non-auctioneer to conduct an auction will result in a fine of NT$10,000.

The "Auction Supervision and Management Measures" will be implemented from November 2017, and the "Auction Supervision and Management Measures" revised by Order No. 59 of the State Administration for Industry and Commerce from 2013 October will be abolished at the same time.

The "Measures" stipulate that auctioneers shall not use property or other means to bribe to obtain business; shall not use auction announcements or other means to make misleading and false propaganda about auction objects; shall not fabricate or spread false facts to harm other parties. The auctioneer's business reputation; shall not infringe other people's business secrets by improper means; the auctioneer and his staff shall not participate in his own auction activities as bidders, nor may he entrust others to bid on his behalf; shall not auction in auctions organized by himself own items or property rights; shall not hire non-auctioneers to host auction activities; and shall have no other violations of laws, regulations and rules.

At the same time, the "Measures" also stipulate that there must be no malicious collusion between bidders; there must be no malicious collusion between bidders and auctioneers; the client must not participate in bidding in auction activities or entrust others to bid on their behalf. ; Auctioneers, consignors, and bidders shall not auction or participate in the auction of items or property rights that are prohibited from auction by the state; auctioneers shall not obstruct supervision and inspection on the grounds that consignors, bidders, or buyers require confidentiality.

3. Insurance companies will fully implement dual registration, and those who mislead consumers into purchasing insurance will be held accountable.

June 165438 On October 1, the "Interim Measures for the Retrospective Management of Insurance Sales Behavior" issued by the China Insurance Regulatory Commission will be officially implemented. Sales fraud and misleading are one of the most serious problems that have harmed the interests of insurance consumers that have been reflected in the market in recent years.

In order to further standardize insurance sales and service behaviors and address the issues of sales deception and misleading that consumers are concerned about, the China Insurance Regulatory Commission issued the "Interim Measures for the Retrospective Management of Insurance Sales Behavior" (hereinafter referred to as the "Measures"). The "Measures" conduct retrospective management of the insurance sales behavior of insurance companies and insurance intermediaries, record and save key links in the insurance sales process, and achieve sales behavior playback, important information inquiry, and problem responsibility confirmation.

Among them, the traceability of insurance sales behavior means that insurance companies and insurance intermediaries collect audio-visual materials and electronic data through recording, video and other technical means, and record and save key links in the insurance sales process for the purpose of The method of replaying sales behavior, querying important information, and confirming responsibility for problems is commonly known as "double recording," which means recording and videotaping key links in sales.

4. The revised guidelines (11) on the listing conditions of the National Equities Exchange and Quotations are about to take effect.

On September 6, the National Equities Exchange and Quotations Co., Ltd. issued an announcement on revising the "Guidelines for the Basic Standards of Listing Conditions of the National Equities Exchange and Quotations (Trial)" to further clarify the applicable standards for listing conditions. The new version of the "Guidelines" will officially take effect from June 165438 to October 1.

Specifically, the National Equities Exchange and Quotations Company has refined the six listing conditions stipulated in the "Guidelines" in accordance with the principles of "controllable, verifiable and identifiable", including clarifying the relevant requirements for the approval of the establishment of state-owned shares. Requirements: Change the deadline for the company to submit the latest financial statements from "no earlier than the base date of reorganization" to "no earlier than the establishment date of the joint-stock company", clarifying the scope of subsidiaries that the company applies for listing and the applicable standards for related conditions; It elaborates on the specific standards for "business records" and "sustaining ability" and many other contents.

5. The General Administration of Customs should clarify the administrative licensing matters for customs supervision sites.

The "Interim Measures for the Management of Customs Supervision Areas of the People's Republic of China"* * were reviewed and adopted at the administrative meeting of the General Administration of Customs on February 27, 2016, and will come into effect on February 27, 2017. Article 6 of the "Management Measures for Customs Supervision Sites of the People's Republic of China" promulgated by Order No. 171 of the General Administration of Customs on October 30, 2008, and "Amendments of the General Administration of Customs" promulgated by Order No. 227 of the General Administration of Customs on April 27, 2008 Decisions on Certain Regulations" shall be repealed at the same time.

The "Interim Measures for the Administration of Customs Supervision Areas of the People's Republic of China" clarifies that customs supervision areas include special customs supervision areas, bonded supervision sites, customs supervision workplaces, duty-free shops and other places and places that conduct customs supervision business. Principled and overall regulations have been made on the management of customs supervision areas and customs supervision workplaces.

6. The inter-bank bond market issued new regulations to strengthen intermediary responsibilities.

The National Association of Financial Market Institutional Investors has officially released the "Registration Rules for the Directed Issuance of Debt Financing Instruments of Non-Financial Enterprises" and related supporting documents. The new regulations will be implemented from June 165438 to October 1st.

According to reports, the revision of the "Regulations" mainly focuses on the hierarchical management of targeted investors, strengthening the responsibilities of intermediaries, and optimizing the registration mechanism.

The new regulations optimize the institutional arrangements suitable for investor hierarchical management, strengthen the responsibilities of intermediaries, consolidate the registration-based concept of "due diligence of intermediaries is the basis", refine the information disclosure requirements, and take into account The two major demands of investor protection and flexible and convenient targeted issuance have simplified the working mechanism of the entire registration and issuance process and optimized the risk prevention mechanism.