Banking and Finance Laws

• 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

• State Administration of Foreign Exchange, Circular on Foreign Exchange Control Issues Relevant to the Investment on the Interbank Bond Market by Foreign Institutional Investors

  国家外汇管理局关于境外机构投资者投资银行间债券市场有关外汇管理问题的通知

  Steady FX flows required for investment on the interbank bond market by foreign institutional investors.

  July 05, 2016

• China Banking Regulatory Commission, Ministry of Science and Technology and People's Bank of China, Guiding Opinions on Supporting Intensification of Innovation by Banking Financial Institutions to Launch a Pilot Project for Interlinked Investment in, and Lending to, Scientifically Innovative Enterprises

  中国银行业监督管理委员会、科技部、中国人民银行关于支持银行业金融机构加大创新力度 开展科创企业投贷联动试点的指导意见

  Pilot banks may engage in hybrid equity-debt financing.

  July 05, 2016

• Office of the China Banking Regulatory Commission, Circular on Regulating the Credit Asset Benefit Right Transfer Business of Banking Financial Institutions

  中国银行业监督管理委员会办公厅关于规范银行业金融机构信贷资产收益权转让业务的通知

  Strict provisioning to suppress banks' shadow banking.

  July 05, 2016

• Britain's choice, China's pain?

  英国的选择，中国的痛？

  Legal uncertainties following the Brexit vote may dampen the investment outlook for Chinese companies going global. Regulatory filing, enforcement, labor and trade issues are among the many concerns. 英国退欧公投结果震动世界各国，不仅重挫货币和股票市场，也促使法律行业准备迎接从并购、合伙交易到贸易协议的新一轮谈判。

  June 30, 2016