How do the new Regulations for the Administration of Foreign-invested Banks, enacted to fulfil China's WTO commitment, affect business for domestic and foreign banks?
November 30, 2006
Banking and Finance Laws
In a draft policy paper released for industry comment by the Chinese Institute of Certified Public Accountants (CICPA), China aims to develop at least…
October 31, 2006In a draft policy paper released for industry comment by the Chinese Institute of Certified Public Accountants (CICPA), China aims to develop at least…
October 31, 2006Issued: September 5 2006Main contents: The Announcement provides for the definition of hybrid capital bonds and the requirements on the issuance of such…
October 31, 2006Foreign lending institutions will only have to wait a few more weeks for a rule allowing overseas banks to deal with renminbi business nationwide, the…
October 31, 2006Morgan Stanley's October 2 2006 acquisition of China's Nan Tung Bank resulted in the US investment bank gaining a commercial banking licence in China,…
October 31, 2006As part of its increased efforts to combat financial crimes, China's top legislature, the Standing Committee of the National People's Congress, approved…
October 31, 2006Issued: September 29 2006Effective: November 1 2006Applicability: This Circular does not apply to bonded zones, bonded ports, export processing zones,…
October 31, 2006Morgan Stanley's October 2 2006 acquisition of China's Nan Tung Bank resulted in the US investment bank gaining a commercial banking licence in China,…
October 31, 2006Issued: August 24 2006Effective: September 1 2006Main contents: The Circular specifies the asset scales required for qualified foreign institutional investor…
October 31, 2006