Banks are encouraged to take railroad transport documents as documents acceptable for settlement and financing.
Banking and Finance Laws
- October 12, 2022
Guidance for CFIUS assessments; Possibility of PBOC intervention against falling RMB; China leads in blockchain patent applications
September 30, 2022A wealth management company is required to continuously track the changes in the risk monitoring indicators of each wealth management product
September 19, 2022PCAOB and Beijing reach audit agreement to prevent mass delisting; U.S.-China merger abandoned following U.S. antitrust investigation; new compliance rules for wealth management companies
August 29, 2022Zhenyu Ruan, Yangdi Zhao of Baker McKenzie FenXun (FTZ) Joint Operation highlight notable legal developments in the three main legal areas of the virtual world called the metaverse, namely cryptocurrency regulation, NFT copyright infringement and data privacy
August 26, 2022In the News: Loan Rates Cut; Lingang Development Plans; and Benchmarks for Administrative Discretion
Loan prime rates slightly lowered; 3-year development blueprint for the Lingang Free Trade Zone unveiled; New rules on exercise of administrative discretion
August 24, 2022CFIUS publishes data from 2021; Autonomous vehicles can be driven in simple and controlled conditions; Trust firms' loans to real estate sector audited
August 16, 2022Foreign institutional investors may engage in trading in open-ended bond index securities investment funds
August 12, 2022SAMR issues 28 administrative penalties for failing to disclose M&A deals; CAC clarifies details about data export security assessment; banks and insurance companies to support advanced manufacturing
July 12, 2022Hong Kong-Mainland integration of interbank market for rate swaps; National security probe into prominent academic database; Draft rules on management of private pension funds
July 06, 2022






