China has promulgated the long-awaited Securities Investment Fund Law. What is new in the law for securities industry investors? And how does the law fit into the overall effort to create a robust funds industry in China?
Issued: September 9 2003Main contents: The Circular states that starting from October 1 2003 the China Foreign Exchange Trade Center allows members to…
Promulgated: October 3 2003Effective: as of date of promulgationMain contents: The Measures cover the establishment of, change to and termination of auto…
The State Administration of Foreign Exchange (SAFE) issued the QFII Foreign Exchange Operation Circular (the Circular) on September 9 2003. The Circular…
Issued: May 15 2003Effective: as of date of issueMain contents: The Provisions stipulate that the sale of receivables of an enterprise generated from the…
Issued: April 14 2003Effective: July 1 2003Applicability: A "predecessor certified accountant" refers to an accounting firm that has reported on the most…
Promulgated: September 30 2003Applicability: The Measures apply to the transfer of all or part of the state-owned property rights of a state-owned enterprise…
Issued: October 15 2003Effective: November 1 2003Main contents: The approved trial branches of the State Administration of Foreign Exchange may directly…