Banking and Finance Laws

• PRC Administration of Foreign-funded Financial Institutions Regulations Implementing Rules

  外资金融机构管理条例实施细则

  A detailed explanation of the importance of the new rules governing financial services in China.

  March 31, 2002

• General Office of People's Bank of China, Questions Relevant to the Handling of the Letter of Credit and Letter of Guarantee Business by Foreign-funded Banks Circular

  中国人民银行办公厅关于外资银行办理信用证和保函业务有关问题的通知

  Restrictions on the advance purchase of foreign exchange and on accepting renminbi payments when issuing letter of credit or letter of guarantee.

  February 28, 2002

• Shenzhen City, Administration of Utilization of Foreign Government Loans Measures

  深圳市利用外国政府贷款管理办法

  Evaluation and approval of foreign-loan funded projects in Shenzhen.

  February 28, 2002

• People's Bank of China, PRC Administration of Foreign-funded Financial Institutions Procedures Implementing Rules

  中国人民银行中华人民共和国外资金融机构管理条例实施细则

  Details the establishment procedures for foreign banks in China.

  February 28, 2002

• Market Access Report: Venture Capital

  Jones, Day, Reavis & PogueAs the old adage goes, "the more things change, the more they stay the same". This is indeed true for venture capitalists…

  February 28, 2002

• New Rules on Disposal of Material Assets by Listed Companies

  Fangda PartnersOn December 10 2001, the China Securities Regulatory Commission (CSRC) issued a Notice on Certain Issues Concerning the Acquisitions, Sales…

  February 28, 2002

• Ministry of Finance, Questions Relating to the Accounting Treatment of Asset Sales Between Affiliated Parties Tentative Provisions

  财政部关联方之间出售资产等有关会计处理问题暂行规定

  Includes transfer of assets, transfer of liabilities, bearing of expenses, operating on appointment, and borrowing of funds.

  January 31, 2002

• People's Bank of China, Classification of Loan Risks Guiding Principles

  中国人民银行贷款风险分类指导原则

  Loans are classified into normal, attention, substandard, dubious or loss loans.

  January 31, 2002

• State Council, Administration of Foreign-funded Financial Institutions Regulations

  国务院中华人民共和国外资金融机构管理条例

  Eliminate certain restrictions on the setting up and the activities of foreign-funded financial institutions.

  January 31, 2002

• Other Recent Legislation for this Month

  National LegislationCustomsGeneral Administration of Customs Announcement 2001 No.15: Repeal of a List of Normative Documents海关总署公告2001年第15号:…

  January 31, 2002