Banking and Finance Laws

• State Administration of Foreign Exchange, Provisions on Foreign Exchange Control in Connection with Securities Investments in China by Qualified Foreign Institutional Investors

  国家外汇管理局合格境外机构投资者境内证券投资外汇管理规定

  Transfer of a QFII's investment limit is no longer allowed.

  November 02, 2009

• State Administration of Foreign Exchange, Circular on Issues Relevant to Foreign Exchange Control in Connection with Overseas Securities Investments of Fund Management Companies and Securities Companies

  国家外汇管理局关于基金管理公司和证券公司境外证券投资外汇管理有关问题的通知

  Investment limit of a QDII may be taken back by Safe if not used effectively.

  November 02, 2009

• China Insurance Regulatory Commission, Provisions for the Administration of Insurance Companies

  中国保险监督管理委员会保险公司管理规定

  Entry threshold for insurance companies raised.

  November 02, 2009

• Opening up the market for QFII investment in China's securities market

  New rules allow greater investments in China's capital markets and impose a shorter lock-up period, but failure to comply could lead to the loss of QFII status

  November 02, 2009

• Provisions on Foreign Exchange Control in Connection with Securities Investments in China by Qualified Foreign Institutional Investors

  合格境外机构投资者境内证券投资外汇管理规定

  The Provisions raise the maximum investment limit of a QFII to US$1 billion but also prohibit a QFII from transferring such limit.

  November 02, 2009

• Expanding investment channels for infrastructure development projects

  Grandall Legal Group (Beijing)Wang [email protected] November 2008, the Chinese government decided to stimulate domestic demand by announcing…

  November 02, 2009

• China Banking Regulatory Commission, Measures for the Administration of Pilot Consumer Finance Companies

  中国银行业监督管理委员会消费金融公司试点管理办法

  China opens up a new financial sector.

  October 10, 2009

• China Banking Regulatory Commission, Tentative Provisions on the Restructuring of Microfinance Companies into Rural Banks

  中国银行业监督管理委员会小额贷款公司改制设立村镇银行暂行规定

  Restructuring of a microfinance company into a rural bank requires a bank promoter.

  October 10, 2009

• CBRC promotes orderly wealth management

  Llinks Law OfficesCharles Qin and Jennifer [email protected], [email protected] China Banking Regulatory Commission (CBRC)…

  October 10, 2009

• Chinese companies invest outside their comfort zone

  Chinese businesses are showing an increasing appetite for offshore assets; but no opportunity comes without risk, and there are many dangers overseas

  October 10, 2009