A draft amendment to the Anti-Unfair Competition Law opened for public opinion on Tuesday, with provisions for fines ranging as high as 5 percent of a firm's annual revenue to punish unfair competitive practices, it was announced on the website of the State Administration for Market Regulation.

According to the current case, after the issuance of the Guidelines and before and after the implementation of the pilot policy, PE funds have the following modes to obtain M&A loans in practice.

A key delegate at Singapore International Water Week 2022 – a five‑day event for the global water industry to share best practices, showcase technologies and explore solutions – highlighted the urgent nature of the water‑related challenges facing the world. Dechen Tsering, Regional Director and Representative for Asia and the Pacific on the United Nations Environment Programme, said: “We don’t have decades for something that is put into a legally binding instrument to roll down to society. These amazing innovations, these amazing technologies, this amazing finance – it’s not happening fast enough, and we don’t have enough time.”

The European Banking Authority (EBA) published the conclusion of its peer review of how competent authorities supervise institutions’ ICT risk management and have implemented the EBA Guidelines on ICT risk assessment under the supervisory review and evaluation process (SREP). Overall, the analysis suggests that the competent authorities across the EU have applied a risk-based approach to the supervision of ICT risk management. The EBA has not identified any significant concerns regarding the supervisory practices but makes some general recommendations for further improvements.

NAFMII released new Guidelines Respecting Underwriting Due Diligence for Non-financial Enterprise Debt Financing Instrument (hereinafter referred to as the new Guidelines) in December, an effort to reinforce underwriting due diligence practices in light of recent years' development in the interbank bond market.