China Issues First Regulations Governing Derivatives Activities by Financial Institutions
February 29, 2004 | BY
clpstaff &clp articlesChina is trying to make a new start in supervised derivatives trading since the freewheeling and risky practices that characterized the derivatives market in the 1990s.
By Lester Ross & Kenneth Zhou, Wilmer Cutler Pickering LLP
The China Banking Regulatory Commission (the CBRC) on February 4 2004 promulgated theAdministration of Trading of Derivatives by Financial