Forex control relaxed to facilitate cross-border business
Banking and Finance Laws
- June 19, 2020
ChiNext finalizes reforms liberalizing listing process while tightening disclosure requirements; Hong Kong sees major secondary listings in quick succession with Nasdaq-listed NetEase and JD.com; and American Express becomes first foreign player approved to offer card-clearing services in China
June 15, 2020Quoting of defaulted bond trading is subject to regulation
June 12, 2020CBIRC relaxes insurance capital investment in bank capital replenishment bonds
June 11, 2020Major plan for Hainan to become globally-recognized free trade port released; Swiss bank Credit Suisse takes majority control of securities JV; and U.S.-China animosity extends to aviation industry with bans and walk backs
June 08, 2020CBIRC supports foreign bank branches in applying for fund custody qualifications
June 05, 2020Alan Xu and Youran Wu of Zhong Lun Law Firm discuss the various methods that foreign-invested enterprises in China can adopt to remit funds to cash-strapped shareholders or affiliates overseas during the coronavirus pandemic
May 21, 2020HSBC becomes sole controller of Chinese life insurance venture; first U.S. IPO from China after Luckin scandal raises $510 million; and the CBIRC proposes new rules to regulate online lending.
May 11, 2020Shareholding requirements for non-bank financial institutions are tightened
April 17, 2020Bo Yan and Taoye Ye of Haiwen & Partners discuss CBIRC's amended rules governing the regulatory approvals of non-bank financial institutions, which lower the bar for foreign investment in national asset management companies
April 16, 2020





