Banking and Finance Laws

Beijing stock exchange hosting innovative SMEs announced; BNP Paribas in talks to launch majority-owned wealth management venture; and Hainan to trial cross-border asset management operations

Hong Kong buyers make first cross-border CCER deal under new national ETS; Arbitration Law proposed revisions released to align further with international practice; and Standard Chartered application for securities venture accepted by CSRC

JPMorgan becomes first fully foreign-owned securities venture in China; Fidelity approved to set up new fully-owned mutual fund business; and SEC approves new board diversity quota and disclosure requirements

The expansion of competing U.S.-China sanctions requirements are forcing multinationals to rethink their traditional global compliance strategies

State Council unveils strict rules barring for-profit tutoring companies; MIIT launches six-month campaign targeting internet industry bad practices; and UBS launches family trust services for wealthy clients

Contractual clauses dealing with the consequences of sanctions might be deemed as sanctions implementation or enforcement, potentially in violation of the new anti-foreign sanctions law

CBIRC defines affiliated transactions of banks and insurance companies

Hear from the in-house head at BlackRock CCB Wealth Management, China's second-ever foreign-controlled wealth management business

New China asset management rules tighten requirements on the due diligence of distributors