Since June 1, a number of laws and departmental rules have been formally implemented. Among them, the revised Securities Investment Fund Law stipulates that the establishment of securities investment funds by raising funds publicly or privately within the territory of People's Republic of China (PRC) shall be managed by the fund manager and entrusted by the fund custodian, and the law shall apply to securities investment activities for the benefit of fund share holders. The laws and departmental regulations implemented from June 1 are as follows: 1. The fund manager of a publicly offered fund shall withdraw the risk reserve from the remuneration of the managed fund. According to the revised law, fund managers of publicly raised funds can implement professional stock ownership plans and establish long-term incentive and restraint mechanisms. The fund manager of a publicly offered fund shall withdraw the risk reserve from the remuneration of the managed fund. If the fund manager of a publicly offered fund suffers losses to the fund property or the legitimate rights and interests of the fund share holders due to violation of laws and regulations or fund contracts, and shall be liable for compensation, he may give priority to using the risk reserve for compensation. In addition, the law also added a chapter on non-public offering funds, which clearly stipulated the qualified investor system, fund contract content, registration and filing system and fund investment scope of non-public offering funds. According to the regulations, securities investment in non-public offering of fund property includes buying and selling stocks, bonds and fund shares of publicly issued joint stock limited companies, as well as other securities and their derivatives as stipulated by the State Council Securities Regulatory Authority. 2. Energy-saving household appliances no longer enjoy the central financial subsidy policy. The Ministry of Finance, the Development and Reform Commission and the Ministry of Industry and Information Technology jointly issued a notice recently, clarifying that from June 13, consumers will no longer enjoy the central financial subsidy policy when purchasing five types of energy-efficient household appliances such as air conditioners, flat-panel TVs, refrigerators, washing machines and water heaters. In order to expand domestic demand, stimulate green consumption, and promote energy conservation and emission reduction, in June 20 12, the State Council decided to use financial subsidies to promote five types of energy-efficient household appliances, such as air conditioners, flat-panel TVs, refrigerators, washing machines and water heaters, with a pilot period of one year. The relevant person in charge of the Ministry of Finance said that since the implementation of the policy, the promotion effect has been remarkable, and the market share of energy-saving household appliances has been greatly improved, which has greatly boosted consumption efficiency and basically achieved the expected goal of the policy. The notice requires that energy-saving home appliance promotion enterprises should collect and sort out the production and sales of products as soon as possible and report relevant information to the "Energy-saving Products Huimin Project Information System" in a timely manner; At the same time, the annual subsidy fund settlement report shall be compiled and submitted to the competent departments of finance, development and reform, industry and information technology in the place where the enterprise is registered, and then submitted to the Ministry of Finance, the Development and Reform Commission and the Ministry of Industry and Information Technology step by step before June 30, 20 13. 3. Strengthening the management of foreign exchange capital inflow to prevent the risk of cross-border capital flow In order to prevent the risk of foreign exchange receipts and payments, the foreign exchange bureau recently issued a notice to strengthen the management of foreign exchange capital inflow and prevent the risk of cross-border capital flow. The notice will be implemented from June 1 day, 2065438. The main contents of the Notice of the State Administration of Foreign Exchange on Strengthening the Management of Foreign Exchange Capital Inflow include: First, strengthen the management of the comprehensive position of bank settlement and sale of foreign exchange, and link the limit of the comprehensive position of bank settlement and sale of foreign exchange with the proportion of foreign exchange deposits and loans. The second is to strengthen the classified management of foreign exchange receipts and payments of import and export enterprises in goods trade, intensify the verification of enterprises with abnormal or suspicious circumstances, and adjust the relevant policies of foreign exchange receipts and payments under entrepot trade. Third, banks are required to strengthen their sense of responsibility and strictly implement foreign exchange management regulations. Fourth, strengthen the verification and inspection of foreign exchange management and strengthen monitoring, analysis and public disclosure. The circular also requires foreign exchange administrations at all levels to strictly manage according to law and support the normal business activities of law-abiding and compliant enterprises. 4. After drug addicts enter the institute, they should notify their families in writing. /kloc-The Provisions on Compulsory Isolation of Drug Addiction by Judicial Administrative Organs, which was implemented in June, 2000, pointed out that drug addicts should notify their families in writing after entering the institute, and the notice should be issued within 5 days from the date when drug addicts enter the institute. The regulations point out that when compulsory isolation drug rehabilitation centers accept drug addicts, they should check the identity of drug addicts, carry out necessary health checks, and fill in the health status checklist of compulsory isolation drug addicts. If the drug addicts are physically injured, the compulsory isolation drug rehabilitation center shall be recorded and signed by the transferred public security organ staff and the drug addicts themselves. Women who are pregnant or nursing babies under one year old will not be accepted. The Regulations comprehensively protect the rights and interests of drug addicts. Where conditions permit, compulsory isolation drug rehabilitation centers for female drug addicts and compulsory isolation drug rehabilitation centers for underage drug addicts shall be established respectively; The physical examination and management of female drug addicts shall be undertaken by the female people's police. Those who organize drug addicts to participate in productive labor shall pay labor remuneration, and the working hours shall not exceed 5 days per week and 6 hours per day. Legal holidays shall not arrange drug addicts to participate in productive labor. Except as expressly provided by law, compulsory isolation drug rehabilitation centers shall not provide information on the files of drug addicts. At the same time, drug experiments on drug addicts are prohibited. The regulations point out that if a drug addict dies in a compulsory isolation drug rehabilitation center, the compulsory isolation drug rehabilitation center shall immediately report to its competent authorities and notify his family members, the compulsory isolation drug rehabilitation decision-making organ and the local people's procuratorate. Family members of drug addicts who have doubts about the cause of death may entrust relevant departments to make an appraisal. Other aftermath matters shall be handled in accordance with relevant state regulations.