Banking and Finance Laws

• General Office of the National Development and Reform Commission, Circular on Further Improving the Review of Enterprise Bond Offerings

  国家发展改革委办公厅关于进一步改进企业债券发行审核工作的通知

  NDRC streamlines enterprise bond offerings review.

  July 16, 2013

• State Administration of Foreign Exchange, Circular on Issues Relevant to Strengthening the Control of Foreign Exchange Inflows

  国家外汇管理局关于加强外汇资金流入管理有关问题的通知

  SAFE curbs on inflow of hot money.

  July 16, 2013

• National Development and Reform Commission, Opinions on the Key Tasks Involved in Intensifying the Reform of the Economic System in 2013

  国家发展和改革委员会关于2013年深化经济体制改革重点工作的意见

  Real property tax will be expanded to cover more cities.

  July 16, 2013

• Provisions for Foreign Exchange Control in Connection with Direct Investment in China by Foreign Investors

  外国投资者境内直接投资外汇管理规定

  SAFE further streamlines the foreign exchange procedures for establishment of foreign-invested enterprises.

  May 30, 2013

• China Insurance Regulatory Commission, Measures for the Administration of Subordinated Debt with Fixed Terms of Insurance Companies (Revised)

  中国保险监督管理委员会保险公司次级定期债务管理办法(修订)

  Insurance group companies allowed to offer subordinated debt with fixed terms.

  May 12, 2013

• China Banking Regulatory Commission, Circular on Issues Relevant to Regulating the Investment Operation of the Wealth Management Business of Commercial Banks

  中国银行业监督管理委员会关于规范商业银行理财业务投资运作有关问题的通知

  CBRC rectifies wealth management operations of banks.

  May 11, 2013

• State Administration of Foreign Exchange, Measures for the Administration of Foreign Debt Registration

  国家外汇管理局外债登记管理办法

  SAFE simplifies foreign debt registration procedures.

  May 11, 2013

• State Administration of Foreign Exchange, Guidelines for Market Makers of the Interbank Foreign Exchange Market (Revised)

  国家外汇管理局银行间外汇市场做市商指引 (修订)

  SAFE removes capital adequacy ratio requriement for forex market makers.

  May 11, 2013

• Supreme People's Court, Interpretation on Issues Relevant to the Application of the Law in the Trial of Disputes over Lease Financing Contracts (Draft for Comments)

  最高人民法院关于审理融资租赁合同纠纷案件适用法律问题的解释 (征求意见稿)

  Issued: March 31 2013Main contents: The Draft makes no definite decision on whether to accept real property as a leased object. One suggestion is to allow…

  May 11, 2013

• Beijing Municipality, Circular on the Implementation of Differential Policies for Personal Housing Fund Mortgage Loans

  北京市关于实行住房公积金个人贷款差别化政策的通知

  Beijing is the first city to raise the down payment rate for housing.

  April 25, 2013