Negative personal credit information may be kept only for five years after the end of the negative event.
March 08, 2013
Banking and Finance Laws
SAFE raises the short-term foreign debt quotas of banks.
March 08, 2013SAFE streamlines forex procedures for overseas listing.
February 28, 2013Issued: January 22 2013Main contents: The CIRC has proposed to revise Article 5 to allow insurance group (holding) companies to offer subordinated debt…
February 28, 2013A decision by the Supreme People's Court on the value adjustment mechanism has left investors worried, but if their intentions reflect the spirit of the mechanism the courts will still uphold their investments
February 26, 2013The total funds (investment principal and returns) that a QFII may outwardly remit each month may not exceed 20% of its total domestic assets as at the end of the previous year.
February 07, 2013Requirements on issuance of subordinated obligations lowered to decrease the cost of financing for securities companies.
January 10, 2013The Circular cancels the approval requirements relating to foreign direct investment for opening of foreign exchange accounts, deposits into relevant accounts, purchase of foreign exchange for overseas payment and foreign exchange transfers within China.
January 10, 2013After completing the necessary foreign exchange registration and capital contribution confirmation procedures, a foreign-invested partnership may directly open foreign exchange accounts and purchase foreign exchange with the bank.
January 10, 2013End of the era of timetabled evaluation of bank performance
November 12, 2012