Banking and Finance Laws

• State Administration of Foreign Exchange, Implementing Rules for the Measures for the Administration of the Handling of the Settlement and Sale of Foreign Exchange by Banks

  国家外汇管理局银行办理结售汇业务管理办法实施细则

  SAFE eases policy on banks' forex business.

  March 17, 2015

• State Administration of Foreign Exchange, Guidelines for the Foreign Exchange Control on the Insurance Business

  国家外汇管理局保险业务外汇管理指引

  SAFE relaxes access to the foreign exchange insurance market.

  March 17, 2015

• State Administration of Foreign Exchange, Circular on Issues Relevant to Foreign Exchange Control in Connection with Overseas Listing

  国家外汇管理局国家外汇管理局关于境外上市外汇管理有关问题的通知

  Approval requirement of repatriation of offshore listing proceeds lifted.

  March 17, 2015

• China Banking Regulatory Commission, Measures for the Administration of the Leverage Ratio of Commercial Banks (Revised)

  中国银行业监督管理委员会商业银行杠杆率管理办法 (修订)

  CBRC aligns the leverage ratio of commercial banks with Basel III standards.

  March 16, 2015

• Shanghai Head Office of the People's Bank of China, Implementing Rules for the Macro Prudential Administration of Offshore Financing under Separate Accounting and Cross-border Fund Flows in the China (Shanghai) Pilot Free Trade Zone

  中国人民银行行上海总部中国（上海）自由贸易实验区分账核算业务境外融资与跨境资金流动宏观审慎管理实施细则

  Shanghai FTZ relaxes offshore financing.

  March 16, 2015

• China Banking Regulatory Commission, Measures for the Administration of Entrusted Loans of Commercial Banks (Draft for Comments)

  中国银行业监督管理委员会商业银行委托贷款管理办法 (征求意见稿)

  Issued: January 16 2015Main contents: The Measures specify that entrusted loans may not be used for:(1) investment in bonds, futures, financial derivatives,…

  March 16, 2015

• People's Bank of China, Guiding Opinions on the Remote Opening of Renminbi Bank Accounts by Banking Financial Institutions (Draft for Comments)

  中国人民银行关于银行业金融机构远程开立人民币银行账户的指导意见 (征求意见稿)

  Published: January 2015Main contents: The Draft requires that the remote opening of accounts be based on the real name system. Within the scope of remote…

  March 16, 2015

• PRC Regulations for the Administration of Foreign-invested Banks (2nd Revision)

  中华人民共和国外资银行管理条例（第二次修订）

  The criteria for setting up branches are lowered for foreign banks.

  February 05, 2015

• Ministry of Commerce, PRC Foreign Investment Law (Draft for Comments)

  商务部中华人民共和国外国投资法 (草案征求意见稿)

  Issued: January 19 2014 Main contents: Pursuant to the Draft, an enterprise in China controlled by a foreign investor is treated as a foreign investor,…

  January 21, 2015

• State Administration of Foreign Exchange, Circular on Revising the Control Policies Relevant to the Entry into the Interbank Foreign Exchange Market by Financial Institutions

  国家外汇管理局关于调整金融机构进入银行间外汇市场有关管理政策的通知

  Non-bank financial institutions allowed in the interbank forex market.

  December 18, 2014