Banking and Finance Laws

Creating a viable legal framework for the use and protection of security interests has been an ongoing process in China. This month we are pleased to have an overview of some of the key aspects of security law development in the PRC.

Zhong Lun Law FirmWith China's WTO accession, many multinational financial institutions and leasing companies are looking to the PRC financial leasing…

Llinks Law OfficeIn order to further improve the foreign exchange administration for foreign direct investment (FDI), the State Administration of Foreign…

Fangda PartnersThe new Acquisition of Domestic Enterprises by Foreign Investors Tentative Provisions  (外国投资者并购境内企业暂行规定)…

The PRC's new Foreign Debt Administration Tentative Procedures set out tighter foreign debt registration requirements, while collecting and putting a high-level government imprimatur on various policies and practices.

Issued: September 17 2002Applicability: For the purposes of this Opinion, "State-owned high and new technology enterprises" refers to wholly State-owned…

Promulgated: February 11 2003Effective: March 15 2003Applicability: These Measures apply to pledging of rights to fees or proceeds in connection with the…

Promulgated: January 3 2003Effective: March 1 2003Applicability: For the purposes of these Measures, a foreign exchange transaction is "large" if it involves…

Promulgated: November 16 2002Effective: December 1 2002Interpreting authority: People's Bank of China (PBOC)Applicability: For the purposes of the Measures,…