Many delays in the opening of schools and the implementation of the new securities law New rules come in March

 Many delays in the opening of schools and the implementation of the new securities law New rules come in March

In the coming March, these new rules will affect your life.

u25a0 universities and primary and secondary schools in Jiangsu, Shanghai, Anhui and other places postpone the opening of school to carry out online teaching

Affected by the epidemic, schools in Jiangsu, Shanghai and other places were postponed, and online teaching continued after March.

Jiangsu provincial government decided to close primary and secondary schools and kindergartens in Jiangsu Province before the end of February, according to a notice issued by Jiangsu Provincial Department of education on February 21. Since March, junior high schools and senior high schools in Jiangsu Province have continued to organize online teaching, and home-based learning guidance has been implemented in primary schools, senior middle schools and special education schools, and home-based life and learning guidance has been implemented in primary schools, first and second grades and kindergartens. The official time for primary and secondary schools to return to school will be determined and released according to the epidemic situation and after scientific assessment.

According to the Shanghai Municipal Education Commission, since March, online education has been carried out in primary and secondary schools in Shanghai (online education in primary and secondary schools starts from March 2), with no students attending the school. The follow-up study time will be determined after scientific assessment according to the epidemic situation. Once the date is determined, it will be announced to the public in advance.

Beijing Municipal Education Commission said on February 14 that the school opening time in Beijing was determined according to the development of the epidemic. In special periods, schools should guide students to study at home. On February 19, Beijing Municipal Education Commission also refuted the rumor that the Internet spread rumors about the opening Department of Beijing primary and secondary schools in early March, and stressed that at present, prevention and control of the epidemic is the primary task, and the opening time depends on the development of the epidemic.

Anhui, Shanxi, Guizhou and other provinces decided to postpone the start of school.

u25a0 TOEFL, IELTS and GRE examinations are cancelled in March in mainland China

Also affected by the epidemic, all TOEFL, IELTS and GRE tests in mainland China were cancelled in March.

On February 17, ETS announced that it decided to cancel all TOEFL and GRE General examinations in mainland China in March. At present, all TOEFL and GRE General examinations in mainland China have been cancelled in February and March, and the examination fee will be fully refunded to the individual account of the examinee.

u25a0 the whole country promotes the fast and convenient handling of illegal traffic of rental cars

The Ministry of public security held a press conference to announce a number of convenience measures. Among them, from March 1, the national implementation of the rental car traffic illegal treatment is convenient and fast. The lessee can query and deal with the traffic illegal during the rental period through the traffic management 12123 mobile app, and the lessee driver will transfer the traffic illegal record to his name if he fails to accept the treatment in time.

This means that the lessee drivers no longer need to deal with traffic violations and travel in two places, but also reduce the operating burden of car rental enterprises.

u25a0 real estate loan starts to change anchor stock real estate loan interest rate in a short term smooth transition

In order to further deepen the LPR reform, the central bank issued a notice that commercial banks should officially switch the pricing benchmark of stock floating rate loans from March 1, 2020. In principle, the switching of the pricing benchmark of stock loan interest rates should be completed by August 31, 2020.

On the whole, the stock mortgage interest rate will be stable in the short term, and there will be no big change. People in the industry say that the transition will be smooth at the time of conversion. In the medium and long term, the new policy has a greater chance to enjoy interest rate dividends.

On January 1, the peoples Bank of China announced a 0.5 percentage point reduction in reserve, further pushing down the cost of capital for banks. In such an environment, the basic interest rate of LPR will be further lowered in 2020. Experts pointed out that this will have a more positive impact on the housing loan interest rate.

The implementation of investor protection system in the new securities law

On December 28, 2019, the 15th meeting of the Standing Committee of the 13th National Peoples Congress voted to adopt the revised Securities Law of the peoples Republic of China, which is scheduled to enter into force on March 1, 2020.

The new securities law has made ten aspects of reform and improvement on the basic systems of the securities market: clearly implementing the securities issuance registration system in an all-round way, significantly improving the cost of securities violations, improving the investor protection system, further strengthening the information disclosure requirements, improving the securities trading system, implementing the requirements of release and management services, canceling a series of related administrative licenses, and compacting the intermediary market The legal responsibilities of gatekeepers, the establishment and improvement of a multi-level capital market system, the strengthening of regulatory enforcement and risk prevention and control, and the expansion of the scope of application of the securities law.

u25a0 implementation of administrative measures for handling consumption complaints of banking and insurance industry

The administrative measures for handling consumer complaints of banking and insurance industry shall come into force as of March 1, 2020. The measures include general provisions, organization and management, complaint handling, working system, supervision and management, and supplementary provisions, totaling 45.

The measures specifies that consumer complaint refers to the behavior that consumers have disputes with bank insurance institutions or their employees due to purchasing bank or insurance products or receiving bank or insurance related services, and claim their civil rights and interests from bank insurance institutions.

In addition, the measures also make it clear that for consumption complaints with clear facts and simple disputes, the bank and insurance institutions shall complete the handling and inform the complainants within 15 days, and the handling period can be extended to 30 days if the situation is complex; if the situation is particularly complex or there are other special reasons, the handling period can be extended for another 30 days after the necessary approval procedure.