Banking and Finance Laws

The People's Bank of China (PBOC) recently issued regulations that partly liberalize the set up of new bank sub-branches and cash points by commercial banks.

Relaxes restrictions on equity investment to trust and investment companies.

Accounting procedures for capital verification of foreign investments enterprises.

The People's Bank of China (PBOC) recently issued regulations that partly liberalize the set up of new bank sub-branches and cash points by commercial banks.

Eliminates the examination and approval system for initiation of an asset valuation and for confirmation on the valuation report.

Authorisation requirements for primary and sub-category banking auxiliary services.

Sale and payment of foreign exchange procedures relating to technology import contracts.

Application procedures for counter trading in book-entry treasury bonds in the PRC.

The People's Bank of China (PBOC) recently issued regulations that partly liberalize the set up of new bank sub-branches and cash points by commercial banks.