Banking and Finance Laws

• Asian regulators bare teeth in anti-money laundering enforcement

  Financial institutions in the region are feeling the heat from increasingly aggressive regulatory actions following landmark AML cases involving Hong Kong and Chinese banks

  January 15, 2018

• China Banking Regulatory Commission, Tentative Measures for the Administration of Commercial Bank Equity (Draft for Comments)

  中国银行业监督管理委员会商业银行股权管理暂行办法 (征求意见稿)

  Issued: November 16 2017 Main contents: If an investor, and its affiliated parties and parties acting in concert, individually or together…

  January 11, 2018

• People's Bank of China, Office of the Central Leading Group for Cyberspace Affairs, Ministry of Industry and Information Technology, State Administration for Industry and Commerce, China Banking Regulatory Commission, China Securities Regulatory Commission and China Insurance Regulatory Commission, Announcement on Guarding Against the Risks of Coin Offerings and Financing

  中国人民银行、中央网信办、工业和信息化部、工商总局、银监会、证监会、保监会关于防范代币发行融资风险的公告

  China cracks down on ICOs.

  October 12, 2017

• People's Bank of China, Announcement [2017] No.12

  中国人民银行公告〔2017〕第12号

  China bans banks from issuing long-term interbank NCDs.

  October 12, 2017

• People's Bank of China, Announcement [2017] No.12

  中国人民银行公告〔2017〕第12号

  China bans banks from issuing long-term interbank NCDs.

  October 12, 2017

• The new and improved Negative List for China's free trade zones

  The redesigned 2017 Negative List applicable to China's 11 free trade zones signifies another big step forward for the nation's foreign investment regime

  October 12, 2017

  

• China Banking Regulatory Commission, Measures for the Administration of the Establishment by Commercial Banks of Institutions that Carry Out the Conversion of Debt to Equity (Trial Implementation) (Draft for Comments)

  中国银行业监督管理委会商业银行新设债转股实施机构管理办法（试行）》 (征求意见稿)

  Issued: August 8 2017 Main contents: An institution that carries out the conversion of debt to equity (Implementing Institution) shall have…

  September 16, 2017

• China (Shanghai) Pilot Free Trade Zone, Guidelines on the Negative List for Opening the Financial Service Industry to Foreign Investment (2017 Edition)

  中国（上海）自贸试验区金融服务业对外开放负面清单指引 (2017年版)

  Shanghai FTZ imposes restrictions on foreign financial institutions.

  September 16, 2017

• General Office of the State Council, Special Administrative Measures for Foreign Investment Access in Pilot Free Trade Zones (Negative List) (2017 Edition)

  国务院办公厅自由贸易试验区外商投资准入特别管理措施 (负面清单) (2017年版)

  The revised FTZ Negative List lifts restrictions on the financial sector.

  September 16, 2017

• State Administration of Foreign Exchange, Circular on the Work Related to Facilitating the Conduct of Reviews of Trade Documents by Banks

  国家外汇管理局关于便利银行开展贸易单证审核有关工作的通知

  Forex procedures relaxed for trade in goods.

  September 16, 2017