Banking and Finance Laws

• State Administration of Foreign Exchange, Provisions on Foreign Exchange Control in Connection with Securities Investments in China by Qualified Foreign Institutional Investors

  国家外汇管理局合格境外机构投资者境内证券投资外汇管理规定

  SAFE relaxes QFII investment limits.

  February 24, 2016

• People's Bank of China, National Development and Reform Commission, Ministry of Industry and Information Technology, Ministry of Finance, Ministry of Commerce, China Banking Regulatory Commission, China Securities Regulatory Commission and China Insurance Regulatory Commission, Several Opinions on Financially Supporting the Steady Growth, Structural Adjustment and Increased Efficiency of Industry

  中国人民银行、国家发展和改革委员会、工业和信息化部、财政部、商务部、中国银行业监督管理委员会、中国证券监督管理委员会、中国保险监督管理委员会关于金融支持工业稳增长调结构增效益的若干意见

  Procedures simplified for domestic enterprises seeking foreign financing.

  February 24, 2016

• China Foreign Exchange Trade System, Announcement on Matters Relevant to the Entry into the Interbank Foreign Exchange Market by Foreign Banks That Participate in Renminbi Sale and Purchase Business

  中国外汇交易中心关于人民币购售业务境外参加行进入银行间外汇市场有关事项的公告

  Criteria for foreign banks to enter the interbank forex market clarified.

  February 17, 2016

• People's Bank of China and China Banking Regulatory Commission, Circular on Issues Relevant to Revising the Policy on Personal Housing Loans

  中国人民银行、中国银行业监督管理委员会关于调整个人住房贷款政策有关问题的通知

  China further relaxes housing purchase restrictions in non-top-tier cities.

  February 16, 2016

• China Securities Regulatory Commission, Guidelines for Contents and Formats for Information Disclosure by Companies That Offer Securities to the Public (No.38): Contents and Format of Corporate Bond Annual Reports

  中国证券监督管理委员会公开发行证券的公司信息披露内容与格式准则第38号——公司债券年度报告的内容与格式

  CSRC requires information disclosure from bond issuers.

  February 01, 2016

• China Securities Regulatory Commission, Supplementary Provisions for the Disclosure of Annual Reports by Listed Companies That Offer Corporate Bonds to the Public

  中国证券监督管理委员会关于公开发行公司债券的上市公司年度报告披露的补充规定

  Duplicate disclosure on bond issuance avoided in annual reports of listed companies.

  February 01, 2016

• People's Bank of China, Circular on Implementation of the Normal Deposit Reserve Rate for Deposits with Domestic Correspondent Banks by Banks Participating in Offshore Renminbi Business

  中国人民银行关于境外人民币业务参加行在境内代理行存放执行正常存款准备金率的通知

  Statutory deposit reserve rate applies to offshore Rmb business.

  January 29, 2016

• People's Bank of China and State Administration of Foreign Exchange, Announcement [2015] No.40

  中国人民银行、国家外汇管理局公告 [2015] 第40号

  China further opens the forex market.

  January 21, 2016

• People's Bank of China, Circular on Improving Bank Account Services to Individuals and Strengthening the Administration of Accounts

  中国人民银行关于改进个人银行账户服务 加强账户管理的通知

  PBOC strengthens administration of bank accounts.

  January 05, 2016

• Navigating national and cybersecurity risks in China

  The country's national security, cybersecurity, anti-terrorism and financial IT rules can significantly impact foreign companies' operations, data privacy and cross-border information transfers. MNCs need to work together to prevent these costly and potentially risky changes

  December 09, 2015