The first attempt of the PRC in setting up the framework for derivatives trading by financial institutions.
Banking and Finance Laws
- February 29, 2004
Regulates foreign currency cash deposit and withdrawal, as well as foreign currency settlement by non-residents in the PRC.
February 29, 2004The Opinions acknowledges the significance of vigorously development in the capital markets, outline reform ideologies, and provides directions for future liberalizations.
February 29, 2004China 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, 2004For the first time legislation has been issued that makes clear the requirements for foreign acquisition of PRC banking and finance companies.
February 29, 2004The first attempt of the PRC in setting up the framework for derivatives trading by financial institutions.
February 29, 2004China 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, 2004The PRC Banking Regulation Law establishes a new banking supervision institution – the China Banking Regulatory Commission (CBRC) – to oversee the regulation for all banking institutions and activities in China.
January 31, 2004Promulgated: December 27 2003Effective: February 1 2004Main contents: With the new revision, the State Council banking regulatory authority has taken over…
January 31, 2004Promulgated: December 27 2003Effective: February 1 2004Main contents: Under the revised Law the Monetary Policy Committee of the People¡¦s Bank of China…
January 31, 2004
