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.
Issued: November 23 2002Effective: December 6 2002Applicability: The Reply does not apply to the retrial, whether brought up by the party concerned or…
Promulgated: January 9 2003Effective: February 1 2003Applicability: "Investors" is defined as a natural person, legal person or other organization that…
Promulgated: January 3 2003Effective: March 1 2003Applicability: The Measures apply to transactions of money payments and funds settlement denominated…
Issued: December 23 2002Main contents: Appended to the Circular is a list detailing the items in respect of which examination requirements are to be abolished…
Promulgated: September 24 2002Effective: November 1 2002Interpreting authority: State Administration of Foreign ExchangeApplicability: These Provisions…
Promulgated: January 3 2003Effective: March 1 2003Applicability: The Provisions apply to financial institutions lawfully established and operating in China,…
Promulgated: January 8 2003Effective: March 1 2003Interpreting authority: State Development Planning Commission, Ministry of Finance and State Administration…