Banking and Finance Laws

Anti-money laundering and anti-terrorist financing is targeted at funding of new financial institutions

The People's Bank of China will roll out an ambitious plan for fintech following enthusiasm during the Two Sessions.

Authorities have shut down batches of P2P platforms as defaults mount. A full regulatory review is expected to complete by end of March.

China’s State Council will soon be regulating gene editing and biotechnologies; in a major sting on illegal P2P lenders, Chinese authorities netted Rmb10 billion in assets and arrested 62 people from 16 countries; and Chinese regulators increase the pressure on banks to boost lending to SMEs.

Catherine Chen of Zhong Lun Law Firm discusses the recent developments affecting China’s investment fund schemes and private investment funds, the key compliance requirements when advising on investment funds, how China’s opening up of its financial markets affects hedge fund investment and the outlook for investment funds in 2019 中伦律师事务所的陈芳律师讨论了影响中国投资基金体系特别是私募投资基金的最新发展，提供投资基金法律服务时的主要合规要求，中国开放金融市场如何影响对冲基金投资，以及投资基金在2019年的前景

Foreign investors are encouraged to engage in debt-for-equity swaps

Local government bonds are offered to individual investors

China defines systemically important financial institutions

Insurance capital may be invested to alleviate liquidity risks of listed companies

Internet financing institutions are required to guard against anti-money laundering and anti-terrorist financing