Banking and Finance Laws

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.

SAFE relaxes forex control on trade in services.

The government's attempts to regulate shadow banking are being hindered by conflicts of interest, infighting between the industry and regulators, and disagreements over exactly where policy is needed

The government's attempts to regulate shadow banking are being hindered by conflicts of interest, infighting between the industry and regulators, and disagreements over exactly where policy is needed

Where an overseas investor has been granted approval to invest in a financial institution in China, it may make this investment in renminbi.