By Wei Lily [email protected] reports in the PRC media have exposed an "underground pattern" of bank loan frauds…
January 31, 2007
Banking and Finance Laws
Detailed procedures for the establishment and dissolution of foreign-invested banks, scope and operation of renminbi business, and professional qualification requirements of some senior personnel are provided.
January 31, 2007Promulgated: October 31 2006Effective: January 1 2007Main contents: The Law comprises:Part One: General ProvisionsPart Two: Anti-money Laundering OversightPart…
November 30, 2006A recent PricewaterhouseCoopers company survey found that many investors have lost interest in investing in non-performing loans (NPLs) in China and have…
November 30, 2006A comment by Wu Xiaoling, a People's Bank of China (PBOC) deputy governor, triggered the lowest US dollar fall in 19 months compared to the euro. Wu's…
November 30, 2006A recent PricewaterhouseCoopers company survey found that many investors have lost interest in investing in non-performing loans (NPLs) in China and have…
November 30, 2006Cinda Asset Management plans to securitize US$604 million of Bank of China's bad loans, reports the Financial Times. Cinda is a state-owned firm that specializes…
November 30, 2006American private-equity firm Carlyle Group has increased its bid for part of Xugong Group Construction Machinery by 20%, reports the Financial Times. Carlyle…
November 30, 2006China Life Insurance (Group), one of China's biggest insurance groups, has announced plans to buy a 10% stake in Huishang Bank, the Asian Wall Street Journal…
November 30, 2006National LegislationACCOUNTINGCircular on Implementation of the (Enterprise Accounting Guidelines) by Securities Companies 关于证券公司执行《企业会计准则》的通知L3100/06.11.27(1)Circular…
November 30, 2006