Banking and Finance Laws

• State Administration of Foreign Exchange, Foreign Exchange Administration Issues Relevant to Auto Finance Companies Circular

  国家外汇管理局关于汽车金融公司有关外汇管理问题的通知

  Application requirements for foreign-funded auto finance companies to open foreign exchange capital fund accounts with Chinese banks.

  October 02, 2004

• State Council, Reform of the Investment System Decision

  国务院关于投资体制改革的决定

  Produces categorised lists of investment projects subject to official verification and guidance, and relaxes approval and verification systems applied to projects.

  October 02, 2004

• People's Bank of China and China Banking Regulatory Commission, Administration of the Issue of Commercial Bank Subordinated Bonds Procedures

  中国人民银行、中国银行业监督管理委员会商业银行次级债券发行管理办法

  Promulgated: June 17 2004Effective: as of date of promulgationInterpreting authority: People's Bank of China and China Banking Regulatory Commission (CBRC)Applicability:…

  October 02, 2004

• Other Recent Legislation for this Month

  National LegislationAsset ValuationAsset Valuation Guidelines - Basic Guidelines 资产评估准则-基本准则L3300/04.02.25(1)Asset Valuation Professional…

  October 02, 2004

• People's Bank of China and China Banking Regulatory Commission, Administration of Auto Loans Procedures

  中国人民银行、中国银行业监督管理委员会汽车贷款管理办法

  Loans granted by lenders to borrowers for car purchase, including second-hand vehicles.

  October 02, 2004

• A Look at China's Money Market Funds

  Regulate the offering, operation and related activities of money market funds.

  October 02, 2004

• China Securities Regulatory Commission and People's Bank of China, Administration of Money Market Funds Tentative Provisions

  中国证券监督管理委员会、中国人民银行货币市场基金管理暂行规定

  Types of financial instruments allowable for money market funds investment, and the requirements on the money market fund porfolio.

  October 02, 2004

• New Regulations on State-owned Assets Transfer

  Guideline for the issuance, investment ratio, investment term, risk control and compliance procedures in relation to insurance company's subordinated debt investment.

  October 02, 2004

• New Automotive Industry Policy Promises Rosy Prospects

  A new policy has been issued in the wake of a booming automotive industry in China.

  October 02, 2004

• CEPA II: A Song of Sixpence?

  A look into the newly signed Closer Economic Partnership Agreement II between Hong Kong and the PRC.

  October 02, 2004