Pilot large cash management In October, the new rules affected the money bag

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 Pilot large cash management In October, the new rules affected the money bag


According to the relevant notice of the State Council, toll roads throughout the country will continue to be free of minibus tolls during the national day and Mid Autumn Festival holidays. The specific free period starts at 00:00 on October 1 and ends at 24:00 on October 8. For ordinary toll roads, the time for vehicles to pass through the toll lane of toll stations shall prevail, while for expressways, the time for vehicles to leave the toll lane at the exit shall prevail.

The revised regulations for the implementation of the budget law of the peoples Republic of China shall come into force on October 1, 2020.

According to the regulations, general transfer payments should be made public to regions, and special transfer payments should be detailed to regions and projects. Government debts, operating funds of government organs, government procurement and funds from special financial accounts shall be disclosed to the public in accordance with relevant regulations. The basic expenditures and project expenditures shall be disclosed in the Departments budget and final accounts.

The administrative punishment measures of the safe state clearly that the punishment shall not be aggravated due to the pleading of the party concerned

The State Administration of foreign exchange issued the administrative punishment measures, which will be implemented from October 1, 2020.

The administrative punishment measures fully protect the legitimate rights and interests of the parties, stipulate that the notification procedure should be performed before the decision of administrative penalty, and the partys rights of statement and defense shall be informed; the hearing procedure shall be refined, and the hearing standards of citizens, legal persons and other organizations shall be specified; if the hearing conditions are met, the party shall be informed of the right to hear; and it shall be made clear that the punishment shall not be aggravated due to the pleading of the party concerned If the party concerned is not satisfied with the decision on administrative penalty, he may apply for administrative reconsideration according to law; if he still refuses to accept the decision of administrative reconsideration, he may file a lawsuit with the peoples court according to law.

Big data killing is forbidden

The Interim Provisions on the management of online tourism business services promulgated by the Ministry of culture and tourism will come into effect on October 1.

Article 15 of the regulations clearly stipulates that online tourism operators shall not abuse big data analysis and other technical means to set unfair trading conditions based on tourists consumption records and tourism preferences, thus infringing upon the legitimate rights and interests of tourists.

The new rules on fund sales will come into force on October 1, and the maximum percentage of follow-up Commission shall not exceed 50%

China Securities Regulatory Commission (CSRC) recently issued the measures for the supervision and administration of sales agencies of publicly offered securities investment funds and the supporting rules, which will come into effect on October 1, 2020.

According to the measures, the agreed ratio of the customer maintenance fee to the fund management fee shall not exceed 50% for the retention formed by selling to individual investors, and the agreed ratio of the customer maintenance fee to the fund management fee shall not exceed 30% for the retention formed by selling to non individual investors.

Zhejiang Province and Shenzhen City have been experimenting with large cash management since October 2020

The starting point of management amount of corporate account in all regions is 500000 yuan, and the starting point of private account management amount is 100000 yuan in Hebei Province, 300000 yuan in Zhejiang Province and 200000 yuan in Shenzhen city. If the customer withdraws and deposits cash above the threshold amount, the notice requires that it should be registered at the time of business.

Chinas first Free Trade Zone legislation to explore the full liberalization of investment access

The regulations on Qianhai Shekou pilot free trade zone of Shenzhen Special Economic Zone will come into effect on October 1.

In addition to the areas where access management is implemented by the state, the Shenzhen Qianhai Shekou free trade zone will explore the full liberalization of investment access. The regulations on the free trade area innovatively put forward the management mode of non violation and non intervention, and gradually relax or cancel the access restrictions for foreign investors.

The regulations on free trade area will remove the access restrictions on the investment of Hong Kong and Macao enterprises in the free trade zone, promote the management of negative list of cross-border service trade between Hong Kong and Macao, and promote the full liberalization of service trade with Hong Kong and Macao.

Three new policies to reduce the burden of medical insurance in Beijing will be implemented in October

On September 18, Beijing Municipal Medical Insurance Bureau issued three new policies to reduce the burden, including bringing six kinds of diseases such as severe mental illness into the scope of special diseases in the citys medical insurance outpatient service; increasing the reimbursement varieties for outpatient treatment of malignant tumor and renal dialysis; and paying a fixed proportion for nine kinds of valuable drugs, such as losartan capsule, to further reduce the burden of drug use of the masses.

The new policy will be formally implemented on October 1, and will be applicable to urban employees, urban and rural residents and other insured personnel.

Beijing housing provident fund administrative penalty discretion benchmark released

On September 14, the Beijing housing provident fund management center issued the Beijing housing provident fund administrative penalty discretion standard, which will be implemented from October 9 this year.

The maximum reward for food safety report in Shanghai is 500000

The newly revised measures give rewards to those who report illegal behaviors such as engaging in the production and operation of food, food additives or food related products without permission, the production and operation of foods that are explicitly prohibited by the state and the city for the control of major food safety risks and production and marketing of foods with toxic and harmful animals and plants as raw materials. The reward standards at all levels shall not be less than 2000 yuan, 1000 yuan and 200 yuan respectively. The maximum reward limit will be increased from no more than 300000 yuan to no more than 500000 yuan.