Banking and Finance Laws

• 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

• New Legislation on Foreign-funded Financial Institutions in China

  On December 12 2001 the State Council promulgated the PRC Regulations Concerning the Administration of Foreign-funded Financial Institutions (the New Regulations),…

  January 31, 2002

• Opening of the Securities Industry

  The China Securities Regulatory Commission (CSRC), the watchdog of the Chinese securities market, hopes to improve the quality of Chinese investment banks…

  January 31, 2002

• Market Access Report: The Banking Sector

  China's accession to the World Trade Organization is expected to create new opportunities for foreign banks. By June 2001, 190 foreign invested banks had…

  December 31, 2001

• Taiwan WTO Survey: Getting a Head Start on Reform

  Taiwan has become a new member of the World Trade Organization. An excerpt on how it has prepared itself to meet the challenges of stronger ties to its global trading partners.

  December 31, 2001

• China's Forex Rules Begin to Loosen Capital Controls

  The impact of membership in the World Trade Organization is already being seen in legislative changes in China. The People's Bank of China (PBOC) and the…

  December 31, 2001

• Foreign Investment Issues Relating to Listed Companies Several Opinions

   关于上市公司涉及外商投资有关问题的若干意见

  A set of opinions issued by the Ministry of Foreign Trade and Economic Cooperation on listing and issuing of shares by foreign funded companies limited by shares.

  December 31, 2001