China Issues First Regulations Governing Derivatives Activities by Financial Institutions

February 29, 2004 | BY

clpstaff &clp articles

China 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.

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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