Michael Hickman, Liang Tsui, and David Chu have joined Dechert as the firm's corporate and securities partners. Hickman and Tsui joined from Fried, Frank,…
The China Securities Regulatory Commission (CSRC) has released new measures allowing shareholders of listed companies to issue exchangeable bonds. “The…
Private banking in China only received its baptism in September 2005 with the promulgation of the Interim Administrative Rules on Private Wealth Management Business of Commercial Bank. Some commentators have argued that the monetary threshold for the private wealth management regime is so low that its regulatory ambit covers territory more properly classified as retail banking than true private banking. By Jane Jiang, counsel, Corporate Practice, Allen & Overy Beijing and Fai-hung Cheung, counsel, Banking Practice, Allen & Overy Shanghai
China's Ministry of Commerce has issued two circulars which delegate power and loosen its grip on approving foreign investment into the PRC. Investors in private equity and retail are the biggest benefactors.