厦门经济特区个人破产保护条例施行

Core Points - The "Xiamen Special Economic Zone Personal Bankruptcy Protection Regulations" officially came into effect on November 1, marking the second personal bankruptcy law in China [1] - The regulation consists of 16 chapters and 189 articles, making it the most comprehensive and extensive legal framework since Xiamen gained legislative power in 1994 [1] - The regulation introduces the concept of "comprehensive protection," aiming to ensure fair resolution of debts while safeguarding the rights of creditors, debtors, and other stakeholders [1] Summary by Sections - Legislative Background - The regulation was passed by the Xiamen Municipal Standing Committee on August 26 [1] - It is noted for its complexity and broad scope, being the largest legal document in the region [1] - Innovative Aspects - The regulation emphasizes "protection" in its title, establishing a "Xiamen model" for personal bankruptcy protection [1] - It aims to accumulate valuable experience for the establishment of a national personal bankruptcy system [1] - Implementation Measures - To facilitate the implementation, the Xiamen Municipal Committee approved the establishment of a Bankruptcy Affairs Management Office under the Municipal Judicial Bureau [1] - A bankruptcy information platform was launched on November 1 to support the regulation's execution [1]