Banking and Finance Laws

• China Securities Regulatory Commission, Contents and Formats for Information Disclosures by Companies that Offer Securities to the Public Guidelines (No. 15): Change of Shareholdings in Listed Companies Report

  公开发行证券的公司信息披露内容与格式准则第15号上市公司股东持股变动报告书

  Issued: November 28 2002Effective: December 1 2002Interpreting authority: China Securities Regulatory CommissionApplicability: The Guidelines do not apply…

  January 31, 2003

• China Securities Regulatory Commission and Ministry of Foreign Trade and Economic Cooperation, Questions Relevant to the Implementation of the «Establishment of Securities Companies with Foreign Equity Participation Rules» and the «Establishment of Fund Management Companies with Foreign Equity Participation Rules» Circular

  中国证券监督管理委员会、对外贸易经济合作部关于实施《外资参股证券公司设立规则》和《外资参股基金管理公司设立规则》有关问题的通知

  Issued: November 18 2002Main contents: The Circular stipulates that establishment of securities companies or fund management companies with foreign equity…

  January 31, 2003

• How to Set-up a QFII Custodian Business

  In order to facilitate the implementation of the December 1 2002 Administration of Securities Investments in China by Qualified Institutional Investors…

  January 31, 2003

• Ministry of Foreign Trade and Economic Cooperation and State Administration of Foreign Exchange, Joint Annual Inspection of Overseas Investments Tentative Measures

  对外贸易经济合作部、国家外汇管理局境外投资联合年检暂行办法

  Promulgated: October 31 2002Effective: January 1 2003Interpreting authority: Ministry of Foreign Trade and Economic Cooperation (MOFTEC)Applicability:…

  January 31, 2003

• Other Recent Legislation for this Month

  National LegislationAviation and AerospaceGeneral Aviation Control Regulations 通用航空飞行管制条例L4700/03.01.10BankingPeople's Bank of China,…

  January 31, 2003

• China Securities Regulatory Commission, Contents and Formats for Information Disclosures by Companies that Offer Securities to the Public Guidelines (No. 17): Takeover by Offer Report

  公开发行证券的公司信息披露内容与格式准则第17号要约收购报告书

  Issued: November 28 2002Effective: December 1 2002Interpreting authority: China Securities Regulatory CommissionApplicability: The Guidelines do not apply…

  January 31, 2003

• Supreme People's Court, Several Issues Concerning the Trial of Civil Dispute Cases Relating to Enterprise Restructuring Provisions

  最高人民法院关于审理与企业改制相关的民事纠纷案件若干问题的规定

  Promulgated: January 1 2003Effective: February 1 2003Main contents: The Provisions list the types of civil dispute cases relating to enterprise restructuring…

  January 31, 2003

• People's Bank of China, Questions Relevant to Commercial Bank Application for Engaging in Custodian Services for Securities Investments in China of Qualified Foreign Institutional Investors Circular

  中国人民银行关于商业银行申请从事合格境外机构投资者境内证券投资托管业务有关问题的通知

  Issued: December 17 2002Applicability: The Circular shall, mutatis mutandis, apply to mainland branches of banks from Hong Kong, Macao and Taiwan as well…

  January 31, 2003

• Supreme People's Court, The Question of Seeking Recourse Against Other Guarantors by the Guarantor(s) that Has/Have Assumed Guarantee Liability Official Reply

  最高人民法院关于已承担保证责任的保证人向其他保证人行使追偿权问题的批复

  Issued: November 23 2002Main contents: The Official Reply states that the guarantor(s) that has/have assumed the joint and several guarantee liability…

  January 31, 2003

• Holding Funds in Trust in China

  On July 18 2002, the same day that the Administration of the Business of Holding Funds in Trust of Trust and Investment Companies Tentative Procedures…

  January 31, 2003