Banking and Finance Laws

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

Sun HuiRun Ming Law [email protected] guarantee is a new and rapidly developing industry in China. In the world's financial crisis, PRC…

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.

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.

Forex regulations revised to curb inflow of hot money.

Loans for real property tightened.

Bank of China has acquired a 20% stake in La Compagnie Financière Edmond de Rothschild, a provider of private banking, asset management and advisory services…

Commercial banks required to disclose information on sub-prime loans.

The Regulations cover the control of foreign exchange on the current account and capital account.