Banking and Finance Laws

• People's Bank of China, Announcement [2015] No.31

  中国人民银行公告〔2015〕第31号

  PBOC allows foreign central banks to access the Chinese interbank foreign exchange market

  October 29, 2015

• People's Bank of China, Circular on Strengthening the Macro Prudential Administration of Forward Exchange Sales

  中国人民银行关于加强远期售汇宏观审慎管理的通知

  Risk reserve contributions required for forward exchange sales.

  September 15, 2015

• Ministry of Housing and Urban-rural Development, Ministry of Finance and People's Bank of China, Circular on Revising the Percentage of the Minimum Down Payment When Purchasing Residential Premises with a Personal Housing Loan from the Housing Reserve

  住房和城乡建设部、财政部、中国人民银行关于调整住房公积金个人住房贷款购房最低首付款比例的通知

  Housing reserve loan restrictions relaxed.

  September 15, 2015

• People's Bank of China, Regulations for Non-Deposit Taking Lending Organizations (Draft for Comments)

  中国人民银行非存款类放贷组织条例（征求意见稿）

  Issued: August 12 2015 Main contents: A non-deposit taking lending organization wishing to engage in lending business through an internet…

  September 08, 2015

• State Council, Opinions on Promoting the Accelerated Development of the Financing Security Industry

  国务院关于促进融资担保行业加快发展的意见

  Financing security support stressed for micro-business and agriculture.

  September 07, 2015

• General Office of the State Council, Circular on Transmitting the «China Banking Regulatory Commission, Guiding Opinions on Promoting the Development of Private Banks»

  国务院办公厅转发银监会关于促进民营银行发展指导意见的通知

  China encourages the establishment of private banks.

  August 20, 2015

• Cybersecurity Law sparks data concern for MNCs

  China's draft Cybersecurity Law, which restricts cross-border data transmissions and requires the setting up of servers in the country, has prompted foreign companies to assess risks regarding delay, disclosure and costs

  July 31, 2015

• Special Administrative Measures for Foreign Investment Access in Pilot Free Trade Zones (Negative List)

  自由贸易试验区外商投资准入特别管理措施（负面清单）

  Unified FTZ negative list reduces the number of items to 122 as compared to 139 items on the 2014 Shanghai FTZ negative list.

  July 21, 2015

• Special Administrative Measures for Foreign Investment Access in Pilot Free Trade Zones (Negative List)

  自由贸易试验区外商投资准入特别管理措施（负面清单）

  Unified FTZ negative list reduces the number of items to 122 as compared to 139 items on the 2014 Shanghai FTZ negative list.

  July 21, 2015

• People's Bank of China, Announcement [2015] No.9

  中国人民银行公告 [2015] 第9号

  Interbank bond trading no longer requires approval.

  July 07, 2015