Banking and Finance Laws

• People's Bank of China, Circular on Issues Relevant to Accelerating the Development of the Foreign Exchange Market

  中国人民银行关于加快发展外汇市场有关问题的通知

  Please wait.... clp reference:3610/05.08.08promulgated:2005-08-08effective:2005-08-08

  September 02, 2005

• People's Bank of China, Circular on Issues Relevant to Expanding Clients' Forward Settlement and Sale of Foreign Exchange Business and Launching of Swaps Business Between Renminbi and Foreign Currencies of Designated Foreign Exchange Banks

  中国人民银行关于扩大外汇指定银行对客户远期结售汇业务和开办人民币与外币掉期业务有关问题的通知

  Issued: August 2 2005Effective: as date of issue Applicability: In the event of a conflict between previous provisions and this Circular, this Circular…

  September 02, 2005

• People's Bank of China, Notice on Improving the Reform of the Renminbi Exchange Rate Formation Mechanism

  中国人民银行关于完善人民币汇率形成机制改革的公告

  Issued: July 21 2005Main contents: From July 21 2005 onwards, China will implement a managed float exchange rate system that is based on market demand…

  September 02, 2005

• State Administration of Foreign Exchange, Supplementary Circular on Issues Relevant to Renminbi Loans Secured with Foreign Exchange

  国家外汇管理局关于外汇担保项下人民币贷款有关问题的补充通知

  Issued: April 15 2005Main contents: The Supplementary Circular addresses the following issues concerning renminbi loans secured with foreign exchange:1.…

  September 02, 2005

• People's Bank of China Notice [2005] No.15

  中国人民銀行公告 [2005] 第15号

  Issued: June 15 2005Applicability: Matters not provided in the Notice shall be handled in accordance with relevant provisions of the Measures for the Administration…

  September 02, 2005

• State Administration of Foreign Exchange, Circular on Issues Relevant to Relaxation on the Retaining of Foreign Exchange Revenue from Current Account Items of Domestic Organizations

  国家外汇管理局关于放宽境内机构保留经常项目外汇收入有关问题的通知

  Issued: August 2 2005Effective: as of date of issueApplicability: In the case of a conflict between previous provisions and this Circular, this Circular…

  September 02, 2005

• General Affairs Department of State Administration of Foreign Exchange, Circular on Issues Relevant to the Sale and Payment of Foreign Exchange for Transfer of Goods Out of Export Processing Zones for Further Processing

  国家外汇管理局综合司关于出口加工区货物出区深加工结转售付汇有关问题的通知

  Issued: June 2 2005Main contents: Transfer of goods out of export processing zones for further processing between transferor enterprises in export processing…

  September 02, 2005

• Circular on Issues Relevant to Registration Regarding Offshore Investments of Individual Domestic Residents and Foreign Exchange Registration in Respect of Mergers and Acquisitions by Foreign Investors

  关于境内居民个人境外投资登记及外资并购外汇登记有关问题的通知

  This Circular aims to discourage the withdrawal of venture capital investments, and to ensure lawful and orderly cross border capital flows.

  September 02, 2005

• Chinese Companies on the Global M&A Stage ­Domestic Regulatory Issues

  Healthier balance sheets and more sophisticated ambitions of growth have projected mainland Chinese companies onto the global M&A stage. Although they are becoming more competitive in international bidding processes, mainland companies remain constrained by a complex domestic regulatory regime governing outbound investments.

  September 02, 2005

• Supplementary Circular on Issues Relevant to Renminbi Loans Secured with Foreign Exchange

  关于外汇担保项下人民币贷款有关问题的补充通知

  This Supplementary Circular supplements the Circular on Verification of Short-term Foreign Debt Quotas of Foreign-invested Banks in China for the Year 2005 (Hui Fa [2005] No. 4).

  September 02, 2005