Banking and Finance Laws

• New P2P rules curb risky online lending

  China's financial regulators have set strict limits for peer-to-peer lending internet platforms by setting qualifications, imposing caps and clarifying liability

  November 01, 2016

  

• Supplementary Circular on Value-added Tax Policies on the Interbank Transactions of Financial Institutions and Other Matters

  关于金融机构同业往来等增值税政策的补充通知

  Investment income from the interbank renminbi market exempted from VAT.

  October 11, 2016

• Supplementary Circular on Value-added Tax Policies on the Interbank Transactions of Financial Institutions and Other Matters

  关于金融机构同业往来等增值税政策的补充通知

  Investment income from the interbank renminbi market exempted from VAT.

  October 11, 2016

• Circular on Reforming and Regulating the Policy for the Control of the Conversion of Foreign Exchange on the Capital Account

  关于改革和规范资本项目结汇管理政策的通知

  Companies in China may opt for discretionary FX conversion method.

  September 15, 2016

• Circular on Reforming and Regulating the Policy for the Control of the Conversion of Foreign Exchange on the Capital Account

  关于改革和规范资本项目结汇管理政策的通知

  Companies in China may opt for discretionary FX conversion method.

  September 15, 2016

• SAFE reforms FX regime for capital accounts

  SAFE's latest rule on capital account transactions has allowed for smoother FX conversion and enhanced flexibility in currency risk and cash management by domestic and foreign enterprises

  September 13, 2016

  

• China Banking Regulatory Commission, Ministry of Industry and Information Technology, Ministry of Public Security and Cyberspace Administration of China, Tentative Measures for the Administration of the Business Activities of Online Lending Information Intermediaries

  中国银行业监督管理委员会、工业和信息化部、公安部、国家互联网信息办公室网络借贷信息中介机构业务活动管理暂行办法

  China puts limits on online P2P lending

  September 08, 2016

• China Banking Regulatory Commission, Measures for the Regulation of the Wealth Management Business of Commercial Banks (Draft for Comments)

  中国银行业监督管理委员会商业银行理财业务监督管理办法 (征求意见稿)

  Published: July 27 2016 Main contents: A wealth management product of a bank may not directly or indirectly invest in the bank's credit…

  August 30, 2016

• People's Bank of China and China Banking Regulatory Commission, Measures for the Administration of Bank Card Settlement Institutions

  中国人民银行、中国银行业监督管理委员会银行卡清算机构管理办法

  China opens the credit card market to both domestic and foreign investors.

  July 05, 2016

• Shanghai Head Office of the People's Bank of China, Implementing Rules for Administration of the Record Filing of the Investment on the Interbank Bond Market by Foreign Institutional Investors

  中国人民银行上海总部境外机构投资者投资银行间债券市场备案管理实施细则

  Record filing required for investment on the interbank bond market by foreign institutional investors.

  July 05, 2016