Banking and Finance Laws

• Shenzhen Special Economic Zone, Venture Capital Investment Regulations

  深圳经济特区创业投资条例

  Promulgated: February 27 2003Effective: April 1 2003Applicability: For the purposes of these Regulations, "venture capital investment" means equity investment…

  February 28, 2003

• Launching Funds in China

  The past several years have seen continuous growth in China's investment funds market, and especially in open-end funds. The China Securities Regulatory…

  February 28, 2003

• China's Revised Venture Capital Rules: Limited Partnerships with Chinese Characteristics?

  Rules on foreign-invested venture capital enterprises were promulgated in 2001, but fell considerably short of expectations. New rules in this important area have recently been issued. Have they overcome the limitations of the prior rules?

  February 28, 2003

• State Administration of Taxation, Issues Relevant to Taxation of Foreign-invested Enterprises and Foreign Enterprises Engaged in Disposal of Financial Assets Circular

  国家税务总局关于外商投资企业和外国企业从事金融资产处置业务有关税收问题的通知

  Issued: January 7 2003Interpreting authority: State Administration of TaxationApplicability: Disposal of financial assets refers to enterprises that obtain,…

  February 28, 2003

• Foreign Strategic Investment in a PRC Domestic Bank

  Driven by the desire to gain a better position before China fully opens its banking sector according to its WTO commitment, and encouraged by several precedents…

  February 28, 2003

• The Uncertain State of Futures Trading in China

  Futures trading in China has had a chequered past. New rules make for a limited opening of the sector, and might constitute a new beginning for China's futures markets, though further legislation is needed to clarify the opportunities for foreign investors.

  February 28, 2003

• Foreign Strategic Investment in a PRC Domestic Bank

  Driven by the desire to gain a better position before China fully opens its banking sector according to its WTO commitment, and encouraged by several precedents…

  February 28, 2003

• China's Post-WTO Reforms in Financial Services: Achievements and Challenges

  Over a year after its WTO accession, how has China done in the key securities, fund management and insurance markets?

  February 28, 2003

• Administration of Foreign-invested Venture Capital Investment Enterprises Provisions

  外商投资创业投资企业管理规定

  These provisions regulate the establishment and operations of venture capital investment enterprises.

  February 28, 2003

• China Gets Tough on Money Laundering

  New regulations from the central bank target the use of financial institutions to launder funds obtained by criminal means. Under new rules, both renminbi and foreign currency transfers through financial institutions under the PBOC's supervision will come under heightened scrutiny.

  February 28, 2003