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
Foreign 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, 2006The newly revised QFII rules aim to lower the entry threshold and allow more QFIIs into China's capital market. What investment restrictions have been lifted? Are there significant improvements to the original rules?
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, 2006Issued: September 1 2006Effective: as of date of issueApplicability: In the event of a conflict between existing provisions and this Circular, this Circular…
October 02, 2006The State Administration of Foreign Exchange (SAFE) has approved China's first qualified domestic institutional investor (QDII) foreign-currency fund;…
October 02, 2006