As 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, 2006
Banking and Finance Laws
Issued: 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, 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, 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, 2006Promulgated: August 24 2006Effective: September 1 2006Main contents: The Measures comprise:Part One: General ProvisionsPart Two: Conditions for Qualifications…
October 31, 2006Issuance of hybrid capital bonds now requires disclosure of various matters, which include the capital adequacy ratio for the past three years, business position, risk alert, and so on.
October 31, 2006The minimum duration of business establishment and assets for QFII status is clearly set out. Limitations on shareholding percentages of securities investments in China by foreign investors are imposed.
October 31, 2006Qualifications and approval of QFII status are set out in detail. Issues related to asset custody and fund management are also covered.
October 31, 2006