The China Securities Regulatory Commission (the CSRC, China's securities regulatory body), issued the Establishment of Securities Companies with Foreign Equity Participation Rules (the Securities JV Rules or the Rules) on June 1 2002. The Rules set out the conditions and procedures for the establishment of Chinese-foreign securities joint venture companies and they represent a limited opening up of China's securities industry to foreign investors.
A set of rules which govern the establishment of securities companies with foreign equity participation.
A set of procedures on the establishment of representative establishments in China of foreign-funded financial institutions.
Baker & McKenzieBanks and other financial institutions have been more concerned about computer network security issues than some industry sectors that…
National LegislationConstitution and Legal SystemSupreme People's Court, Repeal of Relevant Judicial Interpretations Promulgated Before Late 2000 Catalogue…
Commercial banks are forbidden to be an enterprise shareholder.
Requires the disclosure of financial and accounting reports, risk management, corporate governance and largest shareholders, changes in registered capital, and M&A.
Clarifies the 2001 Tentative Procedures, particularly in its application, approval requirements, and the provision of additional online businesses.
Different rules on general provisions and class-specific provisions.
Relaxes the prior restriction against purchasing foreign exchange to pre-pay FX loans.