Banking and Finance Laws

• Other Recent Legislation for this Month

  National LegislationBankingMonitoring and Review of Bad Assets of Commercial Banks Tentative Procedures 商业银行不良资产监测和考核暂行办法L3610/04.03.25Administration…

  March 31, 2004

• New Lending Rules Expected from the CBRC

  By Roy Zhang  [email protected] April 6 2004 the People's Bank of China (PBOC) and the China Banking Regulatory Commission (CBRC) jointly…

  March 31, 2004

• New Capital Rules Bring China's Banking Regulation up to Global Standards

  An important step forward, China modernizes its commercial banks by ensuring a sound financial position through the newly issued measurable capital adequacy standards.

  March 31, 2004

• Administration of Capital Adequacy Ratios of Commercial Banks Procedures

  商业银行资本充足率管理办法

  An important step forward, China modernizes its commercial banks by ensuring a sound financial position through the newly-issued measurable capital adequacy standards.

  March 31, 2004

• Other Recent Legislation for this Month

  National LegislationAccountingSystem for Review of the Practice Quality of Accounting Firms (Trial Implementation) 会计师事务所执行质量检查制度（试行）L3110/04.03.04Construction(Administration…

  February 29, 2004

• China Banking Regulatory Commission, Administration of Capital Adequacy Ratios of Commercial Banks Procedures

  中国银行业监督管理委员会商业银行资本充足率管理办法

  Minimum capital adequacy ratio for domestic and foreign commercial banks in the PRC.

  February 29, 2004

• China Banking Regulatory Commission, Administration of Trading of Derivatives by Financial Institutions Tentative Procedures

  中国银行业监督管理委员会金融机构衍生产品交易业务管理暂行办法

  The first attempt of the PRC in setting up the framework for derivatives trading by financial institutions.

  February 29, 2004

• State Administration of Foreign Exchange, Issues Relevant to Regulation of Foreign Exchange Control on Non-resident Individuals Circular

  国家外汇管理局关于规范非居民个人外汇管理有关问题的通知

  Regulates foreign currency cash deposit and withdrawal, as well as foreign currency settlement by non-residents in the PRC.

  February 29, 2004

• State Council, Promotion of the Reform, Opening and Stable Development of the Capital Markets Several Opinions

  国务院关于推进资本市场改革开放和稳定发展的若干意见

  The Opinions acknowledges the significance of vigorously development in the capital markets, outline reform ideologies, and provides directions for future liberalizations.

  February 29, 2004

• China Issues First Regulations Governing Derivatives Activities by Financial Institutions

  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.

  February 29, 2004