Banking and Finance Laws

An insurance company is required to manage bank deposits other than the current deposits required to maintain its day-to-day operations in investment accounts.

Issued: March 19 2014 Main contents: Pursuant to the Draft, a payment organisation may not provide online payment services for a transaction…

Issued: February 13 2014Main contents: The Draft greatly narrows the scope of control over the amounts involved in the provision of domestic security…

Forex registration for FDI in the Shanghai free trade zone streamlined.

China's new breakthrough in relaxation of forex control on the capital account.

Banks required to disclose more information on affiliated transactions.

MOF explains accounting treatment for mergers of enterprises subject to the same control.

The new consumer finance rules are a clear step forward in diversifying credit opportunities, but it is unclear whether they go far enough

Non-financial institutions allowed to invest in consumer finance companies.