Foreign banks are given more specific business expansion requirements
Banking and Finance Laws
- April 03, 2020
Goldman Sachs, Morgan Stanley pass final hurdle to take majority control over local JVs; CBIRC releases insurance asset management product rules as part of new regulatory regime; and MOFCOM publishes draft rules mapping out foreign investment complaints procedure
March 30, 2020People's Bank of China issues first specifications on distributed ledger technology
March 26, 2020State Council has lowered the investment capital percentage requirements
March 26, 2020China steps up measures to contain imported COVID-19 cases; HKEX launches master SPSA service for fund managers; and SAFE eases foreign borrowing regulations for high-tech startups.
March 23, 2020Coronavirus affected small businesses may have their loan payments postponed
March 20, 2020Banks and insurance companies are allowed to engage in sovereign bond futures trading
March 12, 2020Economy still stifled despite positive signs indicating success in containing virus; record issuance of force majeure certificates to Chinese businesses disrupted by epidemic; and JP Morgan indexes begin Chinese government bond inclusion
March 02, 2020Foreign parties may hold a controlling interest in wealth management companies
February 27, 2020Global legal community rallies to support COVID-19 hit businesses with expert advice; China approves first foreign-owned asset management company following trade deal; and more measures introduced to kickstart faltering economy
February 23, 2020




