Banking and Finance Laws

• Circular on Matters Relevant to Renminbi Settlement in Connection with Investment in Financial Institutions in China by Overseas Investors

  关于境外投资者投资境内金融机构人民币结算有关事项的通知

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

  February 06, 2014

• Guidelines on Foreign Exchange Control in Connection with Trade in Services

  服务贸易外汇管理指引

  SAFE relaxes forex control on trade in services.

  January 27, 2014

• In the news: Top piracy cases, shadow banking in the spotlight and IPOs postponed

  This week we looked at the leading copyright cases of 2013, concern mounted over shadow banking and five companies postponed their listings

  January 17, 2014

• China Securities Depository and Clearing Corporation Limited, Circular on Matters Relevant to the Opening of Securities Accounts for the Wealth Management Products of Commercial Banks

  中国证券登记结算公司关于商业银行理财产品开立证券账户有关事项的通知

  Wealth management products allowed to enter stock exchanges.

  January 16, 2014

• State Council, List of Investment Projects Subject to Government Check and Approval (2013)

  国务院政府核准的投资项目目录 (2013年本)

  State Council relaxes approval requirements for foreign projects.

  January 16, 2014

• People's Bank of China, Measures for the Administration of Interbank Negotiable Certificates of Deposit

  中国人民银行同业存单管理办法

  China further liberialises its interest rates.

  January 16, 2014

• Shanghai Municipality, Special Administrative Measures for Foreign Investment Access in the China (Shanghai) Pilot Free Trade Zone (Negative List) (2013)

  上海市中国(上海)自由贸易试验区外商投资准入特别管理措施 (负面清单) (2013年)

  The Negative List specifies foreign investment projects that are restricted or prohibited in the Shanghai Pilot Free Trade Zone.

  January 16, 2014

• Supreme People's Court, Provisions on Several Issues Concerning the Trial of Independent Guarantee Dispute Cases (Draft for Comments)

  最高人民法院关于审理独立保函纠纷案件若干问题的规定（征求意见稿）

  Issued: November 29 2013Main contents: Where the beneficiary and the guarantee applicant or a third party have colluded in bad faith and there is no genuine…

  December 31, 2013

• People's Bank of China, Opinions on Financial Support for the Establishment of the China (Shanghai) Pilot Free Trade Zone

  中国人民银行关于金融支持中国（上海）自由贸易试验区建设的意见

  Individuals are allowed to engage in securities investment overseas.

  December 11, 2013

• Shanghai Municipality, Measures for the Administration of Record Filing of Foreign-invested Enterprises in the China (Shanghai) Pilot Free Trade Zone

  上海市中国（上海）自由贸易试验区外商投资企业备案管理办法

  FIEs required to give an undertaking before allowed establishment.

  December 11, 2013